Economic and Finance News
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Hubco elects 12 directors
KARACHI (September 13 2003): Hub Power Co (Hubco), the country's largest private electricity producer, has elected 12 directors for three…
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Section 73 being amended: Revenue Board to allow six-month credit period to claim sales tax inputs
KARACHI (September 13 2003): The Central Board of Revenue (CBR) has reached an agreement with businessmen on Section 73 of…
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1,553 companies incorporated in 2003: SECP
KARACHI (September 13 2003): The Securities and Exchange Commission of Pakistan (SECP) said that 1,553 companies were incorporated in the…
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Revenue Board to spend $2.16 million on construction of new structures
ISLAMABAD (September 12 2003): The Central Board of Revenue (CBR) has decided to spend huge amount of $ 2.16 million…
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3.2 percent National Bank shares to be offered at discount rate
ISLAMABAD (September 11 2003): Privatisation Minister Abdul Hafeez Shaikh on Wednesday said that the government would offer 3.2 percent shares…
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Over 100 CNG-related items get duty and tax relief
ISLAMABAD (September 10 2003) : To attract investment in the CNG industry, the government has given concession of duties and…
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New Companies Registration Offices Regulations promulgated
KARACHI (September 10 2003) : The Securities and Exchange Commission of Pakistan (SECP) has promulgated new Companies (Registration Offices) Regulation,…
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System for tracing new units proposed
ISLAMABAD (September 09 2003) : To trace new taxpayers and enhance GST collection, foreign consultant Maxwell Stamps has proposed 'Sales…
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SECP to set up Task Force on 'Takaful' business
ISLAMABAD (September 09 2003) : Chairman Securities and Exchange Commission of Pakistan (SEC), Dr Tariq Hassan has said that Commission…
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Income Tax returns filing date not to be extended
ISLAMABAD (September 09 2003) : Member Direct Taxes, Central Board of Revenue (CBR), Vakil Ahmed Khan has said that the…
