News
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CDC cuts annual fee by 67 percent
KARACHI (February 26 2005): The Central Depository Company (CDC) has reduced the investor account holders' annual fee by almost 67…
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Central Excise Act being redrafted
ISLAMABAD (February 26 2005): The Central Board of Revenue (CBR) is redrafting Central Excise Act, 1944 to make it more…
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Carryover transaction exposure of banks and DFIs capped
KARACHI (February 27 2005): In order to ensure smooth transition from COT to Margin Financing, the State Bank of Pakistan…
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Duty drawback on thermos, hackle and toothbrushes reduced
ISLAMABAD (February 26 2005): The Central Board of Revenue (CBR) has reduced duty drawback on export of vacuum flasks/jugs, hackles…
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SBP planning bonds trading on stock market
ISLAMABAD (February 14 2005): The State Bank is planning to introduce legal changes in relevant laws in order to start…
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IFAC Releases 2005 Handbook of International Public Sector Accounting Pronouncements
The 2005 edition of the International Federation of Accountants' (IFAC's) Handbook of International Public Sector Accounting Pronouncements is now available…
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CBR considering goods delivery without sales tax
KARACHI (February 13 2005): Central Board of Revenue (CBR) Member, Sales Tax, Shahid Ahmed said here on Saturday that the…
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KAPCO six-month profit up by 17.4 percent
KARACHI (February 13 2005): Kot Addu Power Company's first half-year profit rose by 17.4 percent to Rs 3.687 billion as…
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Rebate on polyester items: CBR again blocks MoC summary
ISLAMABAD (February 12 2005): The Central Board of Revenue (CBR) has once again succeeded in blocking the summary of Commerce…
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New procedure for bonded goods re-export unveiled
ISLAMABAD (February 12 2005): The Central Board of Revenue (CBR) has announced new procedure for speedy processing of documents to…