Finance
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Sales tax on value addition not adjustable
KARACHI (August 15 2004): The Central Board of Revenue (CBR) has announced that the sales tax paid on value addition…
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FTO orders compliance: CBR withdraws three sales tax instructions
ISLAMABAD (August 15 2004): The Central Board of Revenue (CBR) has withdrawn three sales tax instructions issued on registration and…
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Sales tax collectors asked to ensure correct payment
ISLAMABAD (August 06 2004): The Central Board of Revenue (CBR) has directed all the collectors of sales tax to monitor…
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Retailers may pay sales tax at 10 percent value-addition
ISLAMABAD (August 10 2004): The Central Board of Revenue (CBR) announced here on Monday that retailers have been given the…
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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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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…
