Finance
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Taxpayers paying 20 per cent more tax exempted from audit
KARACHI: Central Board of Revenue (CBR) has allowed non-corporate income tax payers of the country to revise their income tax…
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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…
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Drawback rates on PSF-based textile items export raised
ISLAMABAD (July 23 2004): The Central Board of Revenue (CBR) has decided to increase duty drawback rates on the export…
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CBR seeks companies data from SECP to trace non-filers
ISLAMABAD (July 28 2004): In a major move to expand the tax net, the Central Board of Revenue (CBR) has…
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Sales tax collectors can condone time limit
ISLAMABAD (July 28 2004): Taking a relief measure to facilitate the business community, the Central Board of Revenue (CBR) has…
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SECP notifies accounting standards, Companies Ordinance 4th Schedule revised
KARACHI (July 28 2004): The Securities and Exchange Commission of Pakistan (SECP) has notified revised Fourth Schedule to Companies Ordinance,…
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Duty drawback rates on hosiery items reduced
ISLAMABAD (July 27 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of hosiery…
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Four categories of shipping agents to pay fixed CED
ISLAMABAD (July 23 2004): The Central Board of Revenue (CBR) has announced that four categories of shipping agents, including non-vessel…
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Profits on COIs issued by Investment Banks exempt from tax
ISLAMABAD (July 20 2004): The Central Board of Revenue (CBR) has clarified that the profit earned on Certificates of Investment…
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Duty on pharma raw materials slashed
ISLAMABAD (July 17 2004): To encourage investment in pharmaceutical sector, the Central Board of Revenue (CBR) has slashed custom duty…