Economic and Finance News
-
Over Rs 0.35 million reinsurance premia on life insurance remittance allowed
KARACHI (January 22 2003) : The State Bank of Pakistan has allowed remittance of re-insurance premia on life insurance policies…
-
Duty drawback allowed on printing inks, sanitary ware
ISLAMABAD (January 22 2003) : The Central Board of Revenue (CBR) has given duty drawback facility on export of 24…
-
SECP stays filing annual return on present format
KARACHI (January 21 2003) : The Securities and Exchange Commission of Pakistan (SECP) has stayed the format of the Annual…
-
Pakistan wants to repay costly loans ahead of schedule
KARACHI (January 21 2003) : Pakistan has told the International Monetary Fund that it wants to repay ahead of schedule…
-
International donors and CBR agree on revamping terms of reference
ISLAMABAD (January 21 2003) : To completely revamp the tax machinery, the international donors and Central Board of Revenue (CBR)…
-
State Bank sets Rs 30 billion treasury bills auction target
KARACHI (January 21 2003) : The State Bank has set the target of Rs 30 billion for the sale of…
-
National Savings Scheme launches 11.04 percent profit pension account
ISLAMABAD (January 20 2003) : National Savings Scheme has introduced a new Pensioner Benefit Account, offering 11.04 percent rate of…
-
Six-month forward dollar premium hits all-time low
KARACHI (January 20 2003) : The dollar took the battering after broad based sell-off during the week due to selling…
-
Ghee units allowed input tax adjustment
ISLAMABAD (January 20 2003) : The Central Board of Revenue (CBR) has allowed the manufacturers of ghee/cooking oil to claim…
-
Scheduled banks assets up by 18 percent in 2002
KARACHI (January 20 2003) : Total assets of scheduled banks jumped by Rs 393 billion, or 18 percent, in 2002…
