Finance
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Sales Tax-payers allowed relaxation
ISLAMABAD (November 20 2002) : Relaxing Sales Tax Act, 1990 to facilitate the taxpayers, the Central Board of Revenue (CBR)…
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Companies given December 10 deadline to get licensed software
KARACHI (November 20 2002) : Business Software Alliance, a watchdog agency which looks after the affairs related to the illegal…
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Pakistan rupee hits 26-month high versus dollar
KARACHI (November 19 2002) : The Pakistan rupee on Monday rose to 26-month high at Rs 57.90 for a dollar…
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Public sector entities allowed to invest surplus funds in non-government securities
ISLAMABAD (November 19 2002) : The government has allowed the public sector entities to invest surplus funds in the non-government…
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Securities, Exchange Commission of Pakistan to regulate non-bank financial institutions from Decembe
ISLAMABAD (November 19 2002) : The Securities and Exchange Commission of Pakistan (SECP) has said that the regulatory transfer of…
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National Investment Trust emerges as best performing fund: State Bank governor
KARACHI (November 19 2002) : The efforts of the management of National Investment Trust during the past year, coupled with…
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National Accountability Bureau decides to pay hefty rewards to informers
ISLAMABAD (November 19 2002) : The National Accountability Bureau (NAB) has decided to pay handsome amount of cash rewards to…
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Discount rate cut may have no effect on banks' lending rates
ISLAMABAD (November 18 2002) : The decision to cut the discount rate by 1.5 percent, taken by the State Bank…
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Bankers wary of discount rate cut implications
KARACHI (November 18 2002) : The cut in State Bank of Pakistan's discount rate alone will not reduce the arbitrage…
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Revenue Board cancels ruling for input tax adjustment
ISLAMABAD (November 18 2002) : While withdrawing certain concessions of using banking instruments for payments against the purchase of taxable…