Finance
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PM announces package to make KEPZ attractive: no cess on raw material imports from July 1
KARACHI (May 23 2003) : Prime Minister Mir Zafarullah Khan Jamali has announced abolition of cess on imports of raw…
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Multinationals remit $332 million from Pakistan
KARACHI (May 23 2003) : Profits repatriated from Pakistan last year were more than four times higher than the previous…
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Conversion of Customs Intelligence Directorate into Revenue Board unit okayed
ISLAMABAD (May 23 2003) : Finance Minister Shaukat Aziz has approved the conversion of Directorate of Customs Intelligence into the…
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Islamic Bank offers soft-term finance to TCP for sugar export
KARACHI (May 21 2003) : Islamic Development Bank (IDB) has offered soft-term financing facilities to the Trading Corporation of Pakistan…
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State Life Insurance distributes Rs 6520 million as actuarial surplus to its policyholders
KARACHI (May 21 2003) : The State Life Insurance Corporation of Pakistan (SLIC) has distributed Rs 6520 million as actuarial…
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Next budget to carry capital gain tax exemption
KARACHI (May 21 2003) : Prime Minister Mir Zafarullah Khan Jamali said that the budget for the next financial year…
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Prime Minister to announce waiver of general sales tax from KEPZ units
ISLAMABAD (May 18 2003) : The government would soon formally announce withdrawal of general sales tax (GST) from the units…
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Pakistan International Container Terminal to get $9.25 million IFC loan
KARACHI (May 18 2003) : A loan agreement between International Finance Corporation (IFC) and Pakistan International Container Terminal Limited (PICT)…
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National Bank registers 94 percent profit in first quarter
KARACHI (May 17 2003) : National Bank of Pakistan Ltd (NBP), the nation's largest bank, registered first quarter profit of…
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Sales tax levy: Revenue Board issues fresh clarification
ISLAMABAD (May 17 2003) : Taking into account the viewpoint of the Ministry of Law and Justice, the Central Board…