Economic and Finance News
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Illegal forex trade: SBP, SECP task force to work out strategy
LAHORE, Sept 3: The central bank and the Securities & Exchange Commission of Pakistan (SECP), the two federal regulators of…
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Revenue Board fails to notify drawback rates
ISLAMABAD (September 02 2003) : While the Ministry of Commerce is planning to achieve $ 12.1 billion export target for…
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Banks asked to publish un-audited statements on quarterly basis
KARACHI (September 02 2003) : The State Bank of Pakistan (SBP) directed all the banks to publish and circulate un-audited…
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Withholding tax on scrap ship import reduced to three percent
ISLAMABAD (August 31 2003) : The government has slashed withholding tax, from 6 percent to 3 percent, on the import…
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ECC okays cut in withholding tax, customs duty and sales tax on 13 items
ISLAMABAD (August 30 2003) : The Economic Co-ordination Committee of the Cabinet (ECC) on Friday approved reduction in withholding tax,…
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Sales tax officials misusing Section 38
ISLAMABAD (August 30 2003) : By misusing Section 38 of the Sales Tax Act, 1990, the sales tax officials conduct…
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Revenue Board takes steps to stop drugs smuggling
ISLAMABAD (August 31 2003) : As a part of ongoing drive against drug pushers, the Central Board of Revenue (CBR)…
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Recovery drive initiated against 500 short-filers
ISLAMABAD (August 29 2003) : In a bid to increase GST collection, the Central Board of Revenue (CBR) has initiated…
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NAB and SECP to take action against illegal foreign exchange companies
ISLAMABAD (August 29 2003) : National Accountability Bureau and Securities and Exchange Commission of Pakistan have agreed to work in…
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Ascertaining of S. Tax payment: CAA asked to submit details on supplies received in last two years
ISLAMABAD (August 30 2003) : The Central Board of Revenue (CBR) has directed the Civil Aviation Authority (CAA), Karachi to…
