Economic and Finance News
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Poultry plants given sales tax exemption
ISLAMABAD (September 23 2003): Giving a major relief to the poultry/livestock industry, the Central Board of Revenue (CBR) has given…
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Subletting of awards to local software companies made mandatory
KARACHI (September 22 2003): The Government of Pakistan has made it mandatory for all public sector institutions in awarding contracts…
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FTO criticises delay in deciding duty drawback claims
ISLAMABAD (September 22 2003): The inordinate delay in deciding duty drawback has been criticised by the Federal Tax Ombudsman Justice…
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Relaxation on income tax returns announced
ISLAMABAD (September 19 2003): The income tax returns filed by taxpayers (Individuals/AOPs) without proper declaration of accounting method or containing…
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State Bank explains procedures for individual investors in PIBs
KARACHI (September 19 2003): State Bank of Pakistan (SBP) on Thursday explained procedures for retail and small institutions intending to…
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Habib Bank introduces products for corporate customers
KARACHI (September 18 2003): Habib Bank Limited (HBL) on Wednesday introduced interest rates and foreign exchange derivatives for corporate customers.…
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Revival of fixed sales tax scheme likely
ISLAMABAD (September 17 2003): The government is considering a proposal of iron/steel smelters to revive the fixed sales tax scheme…
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CBR changes jurisdiction of Karachi-based companies
ISLAMABAD (September 17 2003): The Central Board of Revenue (CBR) has changed the jurisdiction of different Karachi-based companies including textile…
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State Bank to chalk out ABL shares sell-off plan
ISLAMABAD (September 18 2003): The Cabinet Committee on Privatisation (CCoP), which met here on Wednesday with Finance Minister Shaukat Aziz…
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State Bank and SECP to co-ordinate financial sector monitoring
KARACHI (September 18 2003): The State Bank of Pakistan (SBP) and the Securities and Exchange Commission of Pakistan (SECP) have…
