Economic and Finance News
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Names and phone numbers must on notices, Revenue Board tells officers
ISLAMABAD (October 14 2003): The Central Board of Revenue (CBR) has made it mandatory for the assessing officers to mention…
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FPCCI suggests substitutions to Sections 73 and 7 of Sales Tax Act
KARACHI (October 14 2003): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested a number of substitutions…
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OGDCL earns Rs 20.673 billion net profit
KARACHI (October 13 2003): The Oil & Gas Development Company Limited (OGDCL) earned a net profit of Rs 20.673 billion…
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Transaction-based assessment of errant taxpayers worked out
ISLAMABAD (October 13 2003): Tax consultant Maxwell Stamps has suggested the Central Board of Revenue (CBR) to thoroughly examine the…
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Self-Assessment Scheme: FTO turns down plea against random ballot
ISLAMABAD (October 11 2003): In a landmark order, Federal Tax Ombudsman former justice Saleem Akhtar has turned down the plea…
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SRO 410 date extended
ISLAMABAD (October 12 2003): The government has extended exemption of general sale tax (GST) and custom duty on temporary import…
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SECP developing system to promote pension funds: Meezan Islamic Fund launched
KARACHI (October 12 2003): The Securities and Exchange Commission of Pakistan (SECP) is developing necessary regulatory work to promote growth…
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Revenue Board for penalty on NBP for illegal retention of tax
ISLAMABAD (October 10 2003): The Central Board of Revenue (CBR) has strongly recommended to the State Bank of Pakistan (SBP),…
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Revenue Board clarifies conditions for exemption
ISLAMABAD (October 10 2003): The Central Board of Revenue (CBR) has clearly defined the limitations of the welfare organisations/institutions for…
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SECP chief to focus on three key reform areas
ISLAMABAD (October 08 2003): Demutualisation, insider trading and restricting market manipulations would be the three key capital market reform areas…