Economic and Finance News
-
State Bank permission awaited for NDLC and IFIC merger
KARACHI (September 08 2003) : The State Bank of Pakistan permission is awaited for formation of a joint venture bank…
-
Revenue Board asked to compile database for correct valuation
ISLAMABAD (September 08 2003) : The tax consultant Maxwell Stamps has asked the Central Board of Revenue (CBR) to compile…
-
Monopoly Control Authority told to enhance penalty limits
ISLAMABAD (September 08 2003) : For creating competitive environment in the country, the government has directed the Monopoly Control Authority…
-
Tourism industry being denied tax exemptions
ISLAMABAD (September 07 2003) : Despite issuance of duties and taxes exemption notifications for tourism industry, particularly hotels, the government…
-
Karachi East, West sales tax and central excise duty collectorates merged
ISLAMABAD (September 07 2003) : To facilitate the manufacturers of excisable commodities in Karachi, the government has asked all central…
-
Revenue Board allows sealing of textile mill premises
ISLAMABAD (September 06 2003) : Taking stern action against a textile mill for the recovery of sales tax, the Central…
-
Hubco profit falls 16 percent; 21 percent dividend declared
KARACHI (September 06 2003) : Hub Power Co, Pakistan's largest commercial electricity producer, said profit fell 16 percent in the…
-
Traders allowed not to fill tax return forms with oath and details
RAWALPINDI (September 05 2003) : The Central Board of Revenue (CBR) has decided to accept the tax return forms without…
-
Ship-breaking and ghee industry tax relief to have minimal revenue impact
ISLAMABAD (September 04 2003) : As the tax relief measures extended to ship-breaking/ghee, cooking oil industries and the general public…
-
Several information technologies development projects approved
ISLAMABAD (September 04 2003) : Ministerial review committee chaired by Federal Information Technology Minister Awais Ahmad Khan Leghari has approved…
