Economic and Finance News
-
Advances against certain raw materials need no margins
KARACHI (October 30 2003): The new Prudential Regulations have put no margin requirement for advances against raw materials to manufacturing…
-
Rebate allowed on snacks export
ISLAMABAD (October 29 2003): The Central Board of Revenue (CBR) has given duty drawback on the export of snacks from…
-
SBP issues new Prudential Regulations for corporate, SMEs and consumer sectors
KARACHI (October 29 2003): The State Bank of Pakistan on Tuesday issued three new separate Prudential Regulations for Corporate Banking,…
-
Revenue Board planning to do away with SRO 410 incentives
ISLAMABAD (October 28 2003): To make the 'Duty and Tax Remission for Export' (DTRE) Rules more attractive for exporters, the…
-
SECP explains amendments in companies deposit rules
KARACHI (October 26 2003): The Securities and Exchange Commission of Pakistan (SECP) has further clarified the amendments made to the…
-
Revenue Board to focus on auditors' training
ISLAMABAD (October 26 2003): The Central Board of Revenue (CBR) has decided to focus on capacity building and training of…
-
NBP nine-month profit likely to double
KARACHI (October 27 2003): National Bank of Pakistan's (NBP) profit in the nine months ended September 30, 2003, would be…
-
SECP curb on COT to hurt badla investment
KARACHI (October 27 2003): The Securities and Exchange Commission's (SECP) ruling to restrict carry over transaction to 30 companies from…
-
Banks allowed to set up asset management subsidiaries
KARACHI (October 23 2003): The State Bank of Pakistan on Wednesday allowed commercial banks to establish their own 'Asset Management…
-
Minimum tax liability of non-filers to be fixed
ISLAMABAD (October 23 2003): To effectively deal with registered persons not filing sales tax returns, the Central Board of Revenue…
