News
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SECP issues show-cause to CSIBL and directors on charges of fraud and misconduct
KARACHI (September 16 2006): The Securities and Exchange Commission of Pakistan (SECP) has issued a show-cause notice to the Crescent…
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CBR to hire legal experts to assist in its restructuring
ISLAMABAD (September 16 2006): The Central Board of Revenue (CBR) has decided to appoint legal counsels, including individuals and companies,…
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CBR to collect 15 percent sales tax on UPS
ISLAMABAD (September 14 2006): The Central Board of Revenue (CBR) will collect 15 percent sales tax on import and local…
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SBP seeks comments on Securities Bill draft
KARACHI (September 14 2006): The State Bank of Pakistan (SBP) has sought the opinion, comments of concerned quarters on Government…
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CBR simplifies sales tax rules
ISLAMABAD (September 13 2006): To simplify the sales tax documentation for leading sectors, the Central Board of Revenue (CBR) has…
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SECP revises NBFC Rules
ISLAMABAD (September 13 2006): The Securities and Exchange Commission of Pakistan (SECP), under revised Non-Banking Finance Companies (Establishment and Regulation)…
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Sales taxpayers without NTN to be barred from e-filing their returns
ISLAMABAD (September 02 2006): The Central Board of Revenue (CBR) will bar the registered sales taxpayers, operating without National Tax…
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SBP issues guidelines for livestock financing
KARACHI (August 29 2006): The State Bank of Pakistan (SBP) on Monday issued 'Guidelines for Livestock Financing' to facilitate and…
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High refund claims lead to scrutiny of tax records
ISLAMABAD (August 29 2006): The Central Board of Revenue (CBR), to check the authenticity of claims, has started examining the…
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Customs duty on black cabs reduced to 20 percent
ISLAMABAD (August 27 2006): The Central Board of Revenue (CBR) has reduced customs duty, to 20 percent, on import of…