Finance
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'Takaful Rules 2005' for insurance business notified
ISLAMABAD (September 08 2005): The government has notified 'Takaful Rules 2005', for carrying on insurance business as per Islamic laws,…
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Export targets amnesty date extended
ISLAMABAD (September 01 2005): The Central Board of Revenue (CBR) has extended the date for 'amnesty scheme' up to September…
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CBR to set up alternate dispute resolution bodies at regional level
LAHORE (September 01 2005): In order to provide alternate dispute resolution facility to the tax payers residing in far-flung areas,…
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CBR warns traders of action against tax non-payment
KARACHI (August 27 2005): Central Board of Revenue (CBR) Chairman Mohammed Abdullah Yousuf has warned traders, industrialists and corporate sector…
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Procedure for claiming rebate on PTA revised
ISLAMABAD (August 27 2005): The Central Board of Revenue (CBR) has empowered the Appraisement Collectorate, Karachi to deal with all…
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$10,000 advance payment allowed against imports
KARACHI (August 14 2005): The State Bank of Pakistan has allowed the authorised dealers to remit advance payments, up to…
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SBP issues show-cause notices to 9 B-cat companies on forex rules violation
KARACHI (August 14 2005): The State Bank of Pakistan (SBP) has issued a show-cause notices to nine B-categories companies for…
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SBP allows mutual funds to invest 30 percent abroad
KARACHI (August 14 2005): The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to…
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Simplified sales tax refund rules issued
ISLAMABAD (August 14 2005): The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales…
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Wholesale cut in duty drawback rates: 96 SROs rescinded
ISLAMABAD (August 09 2005): Rescinding all 96 individual duty drawback SROs, the Central Board of Revenue (CBR) has reduced duty…