Finance
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Pakistan Refinery gets Rs 814 million insurance claim
KARACHI (March 08 2004): Pakistan Refinery Ltd said it had collected the entire marine cargo loss, it suffered due to…
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State Bank issues guidelines for bank and DFI subsidiaries
KARACHI (March 09 2004): The State Bank has issued detailed guidelines on Monday for banks and DFIs desiring to establish…
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'Concessional rate' of GST for new service providers under study
ISLAMABAD (March 06 2004): The government is examining a proposal to introduce 'concessional rate' of general sales tax (GST) for…
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Pakistan Steel product prices again increased
KARACHI (March 05 2004): Unprecedented and frequent upward revision in the prices of steel products by Pakistan Steel Mills is…
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Islamic banking has growth potential: SBP governor
KARACHI (March 05 2004): State Bank of Pakistan Governor Dr Ishrat Husain said on Thursday Islamic banking has been provided…
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NBP and Citibank announces execution of Pakistan's first Coupon Swap
KARACHI (March 05 2004): The National Bank of Pakistan (NBP) and Citibank N.A. on Thursday announced successful arrangement and execution…
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Hubco declares 16 percent dividend for July-December
KARACHI (March 05 2004): Hub Power Company, which operates the largest non-state power plant in Pakistan, declared a dividend of…
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CBR to simplify GST collection on Customs agents' services
ISLAMABAD (March 02 2004): The Central Board of Revenue (CBR) is working to simplify procedure of general sales tax (GST)…
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Risk management guidelines to replace prudential regulations
ISLAMABAD (February 28 2004): The new Prudential Regulations will gradually be replaced with the Risk Management Guidelines. The Risk Management…
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'Decision on Section 73 of Sales Tax Act in next budget': Finance Minister
ISLAMABAD (February 28 2004): Finance Minister Shaukat Aziz has said that the policy decision regarding Section 73 of the Sales…