Finance
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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…
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SBP plans new Islamic product
KARACHI: The State Bank of Pakistan (SBP) is introducing a new Sharia-compliant money market product, to be called Ijara Sukuk,…
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Dewan Motors profit up by 60 percent
KARACHI (October 05 2004): The profit of the Dewan Farooq Motors Limited recorded a burgeoning growth of 60 percent to…
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One vehicle to be booked on one NTN
KARACHI (October 05 2004): Jahangir Khan Tareen, Federal Minister for Industries and Production, has said that the government has decided…
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SBP notifies banking and branch licence renewal fees
KARACHI (October 06 2004): The State Bank has decided to charge renewal fee for banking licence and renewal fee for…
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TeleCard to offer Rs 2bn rights issue
KARACHI: TeleCard said on Monday its board of directors had approved a 200 per cent Rights Offer to be issued…
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SBP to monitor financial frauds
KARACHI: State Bank of Pakistan (SBP) is going to initiate the monitoring and recording of financial and banking frauds committed…
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PTCL may announce Rs 30 billion profit
KARACHI: The board of directors of the Pakistan Telecommunication Company Ltd (PTCL) is expected to announce an after tax profit…
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CBR exempts mutual funds from WHT
KARACHI: The Karachi Stock Exchange (KSE), after receiving approval from the Central Board of Revenue (CBR), has stopped deducting with-holding…
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SBP directive on export refinancing
KARACHI: The State Bank of Pakistan (SBP) on Wednesday ordered banks to make sure that ‘no duplicate export refinancing is…
