Economic and Finance News
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Karachi LTU submits 13 cases to Revenue Board for recovery of sales tax
ISLAMABAD (July 23 2003) : Large Taxpayer Unit (LTU), Karachi has submitted thirteen cases to the Central Board of Revenue…
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Watchdog body to monitor CBR working planned
ISLAMABAD (July 22 2003) : The government is considering to set up a high-level watchdog body (Revenue Reforms Commission) to…
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Sales Tax refund within 15 days will help exceed $12.1 billion export target
KARACHI (July 22 2003) : The export target of 12.1 billion dollars can exceed provided the sales tax refund is…
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Revenue Board refers sizing units' doubts to anomaly body
ISLAMABAD (July 23 2003) : Responding to apprehensions of business community, the Central Board of Revenue (CBR) has referred section-40B…
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Two companies allowed export rebate
ISLAMABAD (July 19 2003) : The Central Board of Revenue (CBR) has given duty drawback to two companies engaged in…
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Medicament makers plea to Revenue Board against levying sales tax
ISLAMABAD (July 19 2003) : The manufacturers of medicaments have approached Central Board of Revenue (CBR) against the Collectorate of…
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State Bank receives 12 EoIs for ABL take-over
KARACHI (July 19 2003) : The State Bank of Pakistan has received 12 Expression of Interest (EoI) letters for acquisition…
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56 items added to drawback regime
ISLAMABAD (July 18 2003) : The Central Board of Revenue (CBR) has included fifty-six new products in the duty drawback…
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39 illegal brokerage houses detected
ISLAMABAD (July 18 2003) : The Securities and Exchange Commission of Pakistan (SECP) has detected 39 international brokerage houses in…
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Refund of sales tax paid on power and gas allowed to DTRE-approved exporters
KARACHI (July 18 2003) : Mumtaz Haider Rizvi, Member Exports, Central Board of Revenue (CBR), informed the business community that…
