Finance
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SECP Registered 338 Companies in April 2011
ISLAMABAD (May 03, 2011) – The Securities and Exchange Commission of Pakistan (SECP) has registered 338 companies in April 2011,…
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Meezan Bank Records 61% Growth in Quarterly Post-tax Profit
KARACHI (May 02, 2011) – Meezan Bank recorded 61% growth in its post-tax profit for the quarter ended March 31,…
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FBR Gives Inland Revenue Officials Power to Demand Tax Record
ISLAMABAD (November 15, 2010) -The Federal Board of Revenue (FBR) has empowered all officials of Inland Revenue, authorised by the…
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World Bank Asks FBR to Develop Simple Accounting System for Small Taxpayers
ISLAMABAD (November 02, 2010) – The World Bank review mission has asked the Federal Board of Revenue (FBR) to develop a…
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Withholding Tax Statements Filed by Agents u/s 165 of ITO to be Desk Audited
ISLAMABAD (November 02, 2010) – The withholding tax (WHT) statements filed by the withholding agents under section 165 of the Income…
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SECP Extends Validity Periods of CRS and CEES
ISLAMABAD (November 02, 2010) – The Securities and Exchange Commission of Pakistan (SECP) has further extended the validity period of the…
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SBP Revises Minimum Paid-up Capital Requirement (MCR) for Banks to Rs.10 Billion
KARACHI (October 14, 2010) – The State Bank of Pakistan (SBP) has enhanced the minimum paid up capital requirement (MCR)…
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Standard Rate for Reformed General Sales Tax (RGST) Proposed
ISLAMABAD (October 12, 2010) – The standard rate of sales tax under the reformed general sales tax (RGST) has been…
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Highlights of the the Federal Budget 2010-11
KARACHI (June 06, 2010) – The finance minister yesterday announced the federal budget for 2010-2011 in the parliament. The highlights…
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SECP Act 2010 Draft Proposal: Destruction of documents to be a serious offense
ISLAMABAD (May 26, 2010) – Securities and Exchange Commission of Pakistan Act 2010 will consider destruction of documents by companies…
