Economic and Finance News
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Competition Commission asks SECP to withdraw Circular on Valuation of Securities by Mutual Funds
ISLAMABAD (January 03 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP)…
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SBP Issues Guidelines on Agreements of Exchange Companies with Foreign Entities
KARACHI (January 02 2009): State Bank of Pakistan has issued new guidelines for home remittances related agreements of Exchange Companies…
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National Investment Trust (NIT) launches Rs 20 billion State Enterprise Fund
KARACHI (January 02 2009): The National Investment Trust (NIT) has formally launched the much awaited Rs 20 billion NIT State…
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SBP extends deadline for CNIC submission requirement for account holders
KARACHI (January 01 2009): The State Bank of Pakistan has extended the date for the submission of Computerised National Identity…
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SBP relaxes rules for repatriation of export proceeds
KARACHI (December 31 2008): The State Bank of Pakistan has announced one-time waiver for those exporters, who have failed to…
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SBP issues guidelines on CAR for banks and DFIs
KARACHI (November 26 2008): The State Bank of Pakistan on Tuesday announced reduction in the minimum Capital Adequacy Ratio (CAR)…
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Finance Bill 2008 – Full Text
Thursday, June 12, 2008 – ISLAMABAD: Finance Minister Naveed Qamar on Wednesday presented the Finance Bill to give effect to…
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Highlights of the Economic Survey of Pakistan 2007-08
Islamabad, June 10 – The Economic Survey of Pakistan for the year 2007-08 was released today by the Ministry of…
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Redundant provisions in ITO 2001 related to dividend tax to be deleted
ISLAMABAD (June 09 2008): The Federal Board of Revenue (FBR) is likely to amend the Income Tax Ordinance 2001 in…
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New sales tax return not workable: Sales Tax Bar Association
KARACHI (June 09 2008): The proposed new sales tax return, being implemented from coming budget, is not workable and could…