Finance
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Union Bank first-half results announced
KARACHI (August 12 2004): Union Bank Limited has announced its results for the first half of 2004. The Board has…
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CBR to establish 'research department'
ISLAMABAD (August 15 2004): The Central Board of Revenue (CBR) has decided to set up an independent research department to…
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PICIC Bank profits likely to show 75 percent growth
KARACHI (August 05 2004): Picic Commercial Bank, which is expected to announce its half-yearly results with over 75 percent increase…
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Foreign investors may have 100 percent equity in services sector
ISLAMABAD (August 05 2004): Further liberalising the investment policy, the government has decided to allow 100 percent equity for foreign…
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Importers given immunity from audit, sales tax on value-addition
ISLAMABAD (August 05 2004): Fulfilling a major demand of importers, the Central Board of Revenue (CBR) has given immunity from…
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SBP issues clarification on surplus/deficit revaluation
KARACHI (August 05 2004): The State Bank on Wednesday has issued clarification about revaluation of assets and their classification. Some…
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Bank Al Habib issued licence for Islamic banking
KARACHI (August 05 2004): The State Bank on Wednesday issued a licence to Bank Al Habib Limited for its first…
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Taxpayers paying 20 per cent more tax exempted from audit
KARACHI: Central Board of Revenue (CBR) has allowed non-corporate income tax payers of the country to revise their income tax…
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SECP presents report on financial services
KARACHI: Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan has presented a report to the Standing Committee-3…
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SBP lures banks towards SME financing
KARACHI: State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding Small and Medium Enterprises (SMEs) of the country…