Finance
-
Bank of Punjab seeking Licence to Launch Islamic Banking Services
LAHORE (February 27 2008): The Bank of Punjab (BoP) has applied to the State Bank of Pakistan (SBP) for the…
-
Special Excise Duty Adjustment: FBR to Remove Confusion
ISLAMABAD (February 27 2008): The Federal Board of Revenue (FBR) will remove the confusion about the issuance of invoices by…
-
Commercial importers to file goods declarations through clearing agents
ISLAMABAD (February 24 2008): The Federal Board of Revenue (FBR) has decided to abolish the condition of bachelor degree (BA)…
-
Non-filers of Sales tax Returns to be De-registered
ISLAMABAD (February 25 2008): The Federal Board of Revenue (FBR) has decided to cancel the sales tax registration of all…
-
FBR seeks cash withdrawal data to increase WHT collection from SBP
ISLAMABAD (February 13 2008): To increase withholding tax collection, the Federal Board of Revenue (FBR) has approached the State Bank…
-
FBR Empowers Customs Collectors to Block Import Consignments
ISLAMABAD (February 29 2008): The collectors of customs have been empowered to block import consignments where the businessman is unable…
-
Foreign investors seek 'advance ruling' on income tax
ISLAMABAD (September 15 2007): Top foreign investors, including an international hotel chain and a beverage company, have approached the Federal…
-
Advance payments against L/Cs: SBP liberalises foreign exchange regime
KARACHI (September 14 2007): The State Bank of Pakistan (SBP) on Thursday allowed advance payments against letters of credit (L/Cs)…
-
SECP seeking power to freeze bank accounts: banks to remain under SBP
ISLAMABAD (September 05 2007): The Securities and Exchange Commission of Pakistan has clarified that there are no plans for shifting…
-
FBR can't de-register unit unilaterally: Trade Ombudsman
ISLAMABAD (September 03 2007): The Federal Tax Ombudsman (FTO), former Justice Munir A Sheikh has ruled that the Federal Board…