Finance
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Amendments in Sales Tax Act proposed by MNCs
ISLAMABAD (April 14 2006): Foreign investors have proposed various amendments to Sales Tax Act, 1990 pertaining to payment of the…
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SBP amends Prudential regulations for Micro-Finance Banks
KARACHI (April 14 2006): The State Bank of Pakistan (SBP) on Thursday made certain amendments to the prudential regulations for…
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Sales tax return form being redesigned
KARACHI (April 08 2006): Member, Sales Tax, Central Board of Revenue (CBR), Shahid Ahmed, informed the business community on Friday…
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KESC must pay sales tax on total billed amount
ISLAMABAD (April 07 2006): The Karachi Electric Supply Corporation (KESC) should pay sales tax on the total amount billed to…
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CBR to soon launch 'Nexus' to broaden tax base
ISLAMABAD (March 08 2006): The Central Board of Revenue (CBR) is planning to collect information about investment made in shares,…
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Sale of saving certificates from banks allowed
ISLAMABAD (March 03 2006): The government has restored the agency function of commercial banks allowing the sale of Defence Savings…
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Notices issued for carrying out sales tax audit
ISLAMABAD (March 04 2006): The Central Board of Revenue (CBR) has empowered the Directorate General of Intelligence and Investigation (I&I),…
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Hubco declares 12.5 percent cash dividend
KARACHI (February 17 2006): The Hub Power declared a cash dividend of 12.5 percent or 1.25 rupees per share for…
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CBR seeks Finance Ministry approval on major taxation issues
ISLAMABAD (January 29 2006): The Central Board of Revenue (CBR) has taken up four major taxation related issues with the…
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CBR starts audit of leading beverage makers
ISLAMABAD (January 30 2006): The Central Board of Revenue (CBR) has started audit of leading beverage manufacturers to ascertain their…