News
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Export finance scheme applicable to pottery items
KARACHI (November 09 2003): The State Bank has made it clear to banks that 'Pottery' is also included in the…
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CBR to release pending sales tax refund claims of Leather exporters
KARACHI (November 09 2003): The Central Board of Revenue (CBR) has agreed to release the pending sales tax refund claims…
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Move to prohibit freezing of businessmen's assets
LAHORE (November 08 2003): The federal government, in order to boost the national economy and attract investments, has decided to…
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World Bank praises new sales tax audit plan
ISLAMABAD (November 08 2003): While appreciating the Central Board of Revenue (CBR) plan to develop a separate 'Tax Audit Function',…
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Model guide prepared to improve auditing
ISLAMABAD (November 08 2003): To make sales tax auditing system more efficient, the Central Board of Revenue (CBR) has prepared…
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Revenue Board sets up body to resolve sales tax issues
KARACHI (November 07 2003): A four-member co-ordination committee at the board level has been constituted by the Central Board of…
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SBP proposes rules to end traditional badla financing
KARACHI (November 07 2003): The State Bank of Pakistan (SBP) in its draft regulations on margin financing has proposed an…
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Over-invoicing of textile items: Revenue Board to approach banks for information
ISLAMABAD (November 06 2003): Extending the scope of investigation against over-invoicing of textile products exported to the UAE/Saudi Arabia, the…
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Loans against NSCs: SHC stays SBP instructions to bank
KARACHI (November 06 2003): The Sindh High Court has granted a stay order against the instructions of the American Express…
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SBP issues draft regulations for brokers' financing
KARACHI (November 06 2003): The State Bank of Pakistan on Wednesday issued draft regulations for financing brokers by banks and…