Finance
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Minimum value-addition for some retailers cut
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has substantially reduced 'minimum value-addition' for retailers of motorcycles, rubber…
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No penalty on sales tax returns till October 25
ISLAMABAD (October 19 2004): The Central Board of Revenue (CBR) has waived additional tax and penalty on the late filing…
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Export allowed from KEPZ to tariff area
KARACHI (October 09 2004): The Central Board of Revenue (CBR) has allowed export of 100 percent finished goods from the…
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CDC launches IAS Deposit Functionality
LAHORE (October 10 2004): The Central Depository Company (CDC) introduced Deposit Functionality in its Investor Account Services (IAS) here on…
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Parco declares highest dividend
KARACHI (October 12 2004): Pak-Arab Refinery Ltd (Parco) has declared the highest so far dividend of Rs 2 billion after…
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SBP directive for 'B' category foreign exchange companies
KARACHI (October 12 2004): The State Bank on Monday decided to allow 'B' category exchange companies to carry over foreign…
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Procedure being devised to check foreign currency smuggling
ISLAMABAD (October 16 2004): The Central Board of Revenue (CBR) and the State Bank of Pakistan (SBP) are jointly devising…
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Categories of stevedores services for levy of sales tax clarified
ISLAMABAD (October 16 2004): The Central Board of Revenue (CBR) has clarified the categories of services provided by stevedores for…
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SECP fines Dewan Mushtaq Group Rs 1m
KARACHI: Dewan Mushtaq Group has been fined Rs1 million by the Securities and Exchange Commission of Pakistan (SECP) for violating…
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Drawback rates on PSF-based products raised
ISLAMABAD (October 05 2004): To make the textile products more competitive in the international market, the Central Board of Revenue…