Economic and Finance News
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71 percent rise in National Bank half-year profit
KARACHI (September 16 2003): The National Bank of Pakistan Ltd, country's largest bank, said on Monday that its profit rose…
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Tax reforms help cut sales tax refund period to 10 days
KARACHI (September 16 2003): The new Sales Tax House, established here by the Central Board of Revenue (CBR) under Tax…
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CBR relaxes two conditions of income tax return form
ISLAMABAD (September 16 2003): After getting approval from Finance Minister Shaukat Aziz, the Central Board of Revenue (CBR) has relaxed…
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State Bank issues directive to banks about security stationery
KARACHI (September 16 2003): The State Bank of Pakistan (SBP) has asked all banks that the paper used for cheque…
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10 percent Sui Southern Gas Company government shares to be listed on bourses by November
ISLAMABAD (September 16 2003): The Sui Southern Gas Company is likely to be listed on the stock exchange during the…
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National Bank may post Rs 1.2-1.4 billion six-month profit
KARACHI (September 15 2003): The National Bank of Pakistan is to announce on Monday financial results for the six months…
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CBR orders steps to secure sales tax department computers: Internet access to be minimised
ISLAMABAD (September 15 2003): After deadly computer virus attack on STARR sales tax refund automation programme, the Central Board of…
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15 percent sales tax to be levied on all wood sale/supplies
ISLAMABAD (September 14 2003): The Central Board of Revenue (CBR) has directed all collectors of sales tax to charge 15…
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Objections about new tax return forms removed
ISLAMABAD (September 13 2003): Central Board of Revenue's top tax manager Vakil Ahmed Khan clarified here on Friday that the…
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SECP will have its own Financial Crimes Wing
ISLAMABAD (September 13 2003): The Securities Exchange Commission (SEC) will have its own Financial Crimes Wing as a pro-active body…