News
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ICAP – Clarification issued regarding computer practical exam
The Institute of Chartered Accountants of Pakistan has issued the following clarification regarding the computer practical examinations of paper B6…
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Federation Chambers for withdrawal of SRO 507 and suspension of Section 73 of Sales Tax Act
KARACHI (July 09 2003) : Sheikh Maqbool Ahmed, acting president, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has…
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Revenue Board opposes duty-free agri machinery import
ISLAMABAD (July 09 2003) : The Central Board of Revenue (CBR) has strongly opposed any move to grant exemption of…
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State Bank invites proposals for sale of ABL shares
KARACHI (July 09 2003) : The State Bank of Pakistan (SBP) has invited proposals from the local and foreign financial…
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Forward cover fee on foreign currency deposits reduced
KARACHI (July 06 2003) : The State Bank of Pakistan has significantly cut the forward cover fee on foreign currency…
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State Bank relaxes Prudential Regulations for infrastructure projects financing
KARACHI (July 06 2003) : The State Bank of Pakistan on Saturday relaxed the Prudential Regulations for 'Infrastructure Project Financing'…
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State Bank issues new Primary Dealers rules
KARACHI (July 06 2003) : The State Bank of Pakistan has allowed brokerage houses and investment banks to become 'Primary…
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Customs told not to interfere in income tax matters
ISLAMABAD (July 05 2003) : To check the misuse of discretionary powers of custom officials, the Central Board of Revenue…
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SBP forms body to resolve bank-borrower disputes
KARACHI (July 05 2003) : The State Bank on Friday set up a committee to resolve the disputes relating to…
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Banks can levy service charges on PLS deposits
KARACHI (July 05 2003) : The State Bank on Friday said that banks can levy service charges on all types…