Economic and Finance News
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Income tax relief to power plant investors not withdrawn
ISLAMABAD (January 12 2003) : The Central Board of Revenue (CBR) has clarified that the tax concessions given to the…
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Bed linen exports to European Union halt as EPB suspends issuing licences
FAISALABAD (January 12 2003) : Exports of bed linen items to European Union has come to a halt as Export…
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Karachi Stock Exchange index crosses 2800 mark
KARACHI (January 10 2003) : Bulls went berserk on Thursday and the market reached the record high of 2829 points…
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CBR extends duty drawback facility to bedwear industry
ISLAMABAD (January 10 2003) : Brining six new items in the duty drawback regime, the Central Board of Revenue (CBR)…
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New audit procedure for banaspati and cooking oil industry
ISLAMABAD (January 10 2003) : To make audit apparatus more effective, the Central Board of Revenue (CBR) has announced new…
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Karachi Port Trust slashes 'wet charges' by 11 percent
KARACHI (January 11 2003) : Karachi Port Trust has reduced up to 11 percent in its 'Wet Charges' and implemented…
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SBP and SECP to review Abamco's Islamic mutual fund proposal
KARACHI (January 11 2003) : The State Bank of Pakistan (SBP) and Securities and Exchange of Exchange of Pakistan (SECP)…
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Duty drawback facility on knitted garments
ISLAMABAD (January 11 2003) : The Central Board of Revenue (CBR) has given duty drawback facility to the exporters of…
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Pakistan plans to invest 10 percent of reserves abroad
KARACHI (January 09 2003) : Dr Ishrat Husain, Governor of the State Bank of Pakistan (SBP), said on Wednesday the…
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SBP Governor sees GDP growing 6 percent in 2004-05
KARACHI (January 09 2003) : Dr Ishrat Husain, Governor of the State Bank of Pakistan, said on Wednesday the country…