Economic and Finance News
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Loans against NSCs: SHC stays SBP instructions to bank
KARACHI (November 06 2003): The Sindh High Court has granted a stay order against the instructions of the American Express…
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SBP issues draft regulations for brokers' financing
KARACHI (November 06 2003): The State Bank of Pakistan on Wednesday issued draft regulations for financing brokers by banks and…
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Highlights of SBP's 2003 Annual report
KARACHI (November 04 2003): As the State Bank of Pakistan sees it, the biggest challenge facing the economic managers in…
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Stock market rally helped in NBFIs and DFIs equity growth
KARACHI (November 04 2003): Robust rally at the stock market during the last fiscal year helped register tremendous growth in…
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Revenue Board starts commercial exporters audit
ISLAMABAD (November 03 2003): The Central Board of Revenue (CBR) has started audit of commercial exporters to ascertain the admissibility…
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Banks to comply SBP equity investment rules
KARACHI (November 03 2003): The decision of the State Bank of Pakistan to restrict investment in share market would force…
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Input tax adjustment for PTV ads: Revenue Board issues procedure
ISLAMABAD (November 02 2003): The Central Board of Revenue (CBR) has issued procedure for adjustment of input tax paid on…
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Advances against certain raw materials need no margins
KARACHI (October 30 2003): The new Prudential Regulations have put no margin requirement for advances against raw materials to manufacturing…
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National Bank's nine-month profit doubles
KARACHI (October 30 2003): The profit of National Bank of Pakistan Ltd, the country's largest lender by assets, rose twofold…
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Revenue Board opposes GST exemption on phosphatic fertiliser
ISLAMABAD (October 31 2003): Despite the support of three ministries, the Central Board of Revenue (CBR) has strongly opposed the…
