Economic and Finance News
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Export financing rate further cut to five percent
KARACHI (February 28 2003) : The State Bank of Pakistan (SBP) on Thursday has announced further cut in the export…
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Pakistan to sign fresh conventions with six states for avoidance of double taxation
ISLAMABAD (February 28 2003) : Pakistan had decided to ink fresh conventions with six countries for the Avoidance of Double…
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New bank guarantee form issued for claiming sales tax refund
ISLAMABAD (February 28 2003) : The Central Board of Revenue (CBR) has issued a new form of 'bank guarantee to…
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ICI profits rise by Rs 1.287 billion
KARACHI (February 28 2003) : ICI Pakistan Limited profit recorded an increment of Rs 1.287 billion in 2002 on back…
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PTCL profit rises to Rs 9.903 billion
KARACHI (February 28 2003) : Profit of Pakistan Telecommunication Company Ltd (PTCL), in the six months ended December 31, 2002,…
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Customs Self-Assessment pilot project from next fiscal year
ISLAMABAD (February 27 2003) : To provide unhindered Customs clearance to the importers within 24 hours, the Central Board of…
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SNGPL, SSGC and FFC-Jordan declare profits
KARACHI (February 27 2003) : Sui Northern Gas Co, Sui Southern Gas Co, and FFC-Jordan registered profits in the six…
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Reckitt Benckiser's profits in 2002 almost double
KARACHI (February 27 2003) : Profits of Reckitt Benckiser Pakistan for the year ended December 31, 2002 was nearly doubled…
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Date for claiming sales tax refund extended
ISLAMABAD (February 27 2003) : To speed up the payment of sales tax refund to the commercial exporters, the Central…
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Governemnt expects to raise $550-$750m from PSO sale
ISLAMABAD: The Pakistan government is expected to raise $550 million to $750 million from the sale of its 51 percent…
