Finance
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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…
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SBP approves merger of ABN Amro and Prime Commercial Bank
KARACHI (September 01 2007): The State Bank of Pakistan (SBP) on Friday has granted final approval for the merger of…
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New list of locally-made goods for sales tax concession
ISLAMABAD (August 31 2007): The Federal Board of Revenue (FBR) has issued a new list of 906 'locally manufactured goods'…
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Demutualisation Act to be introduced: SECP
LAHORE (August 21 2007): The chairman, Securities and Exchange Commission of Pakistan (SECP), Razi-ur-Rehman Khan has said that work on…
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'Vigilance Wing' empowered to probe tax fraud cases
ISLAMABAD (August 14 2007): The Vigilance Wing of Directorate-General, Intelligence and Investigation, Federal Board of Revenue (FBR), has been empowered…
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SECP issues draft of private equity fund rules
ISLAMABAD (August 14 2007): The Securities and Exchange Commission of Pakistan (SECP) has issued the draft 'Private Equity and Venture…
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Highlights of the Rs 1.599 Trillion 2007-08 Federal Budget
ISLAMABAD: The federal budget for 2007-08 with an outlay of Rs 1.599 trillion presented in the National Assembly on Saturday…
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Tax neutrality for acquisition and mergers
ISLAMABAD (June 10 2007): The federal government on Saturday realigned its taxation rules allowing establishing of holding companies and providing…
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Highlights of Economic Survey of Pakistan 2006-07
ISLAMABAD (June 09 2007): Pakistan's economy continues to gain traction as it experiences the longest spell of its strongest growth…
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CBR fails to bring services sector into tax net
ISLAMABAD (June 09 2007): The Central Board of Revenue (CBR) remained helpless in bringing services sector into the tax net…