Economic and Finance News
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SECP notifies rules for filing appeal
ISLAMABAD, Aug 12: The Securities and Exchange Commission of Pakistan notified here on Tuesday the rules for filing an appeal…
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State Bank invests $25 million in Islamic bond
KARACHI (August 12 2003) : State Bank of Pakistan (SBP) has invested its swelling foreign exchange reserves in the commercial…
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PSO may post Rs4.1bn profit for 2002-03
KARACHI, Aug 11: Pakistan State Oil Company Limited (PSO) is expected to post profit of Rs4.1 billion for the year…
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Rs900m NBP facility for textile unit
KARACHI, Aug 11: National Bank of Pakistan has provided trade and funded financing facility of Rs900 million to Chenab Ltd.…
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CBR adopts methods to penalise delinquent tax officers
ISLAMABAD (August 11 2003) : After four years delay in issuing guidelines on the Removal from Services (Special Powers) Ordinance…
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ICI earns Rs 419 million after-tax profit in six months of 2003
KARACHI (August 11 2003) : ICI Pakistan's profit after tax amounted to Rs 419 million in the first six months…
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CBR cost accountants, auditors promoted
KARACHI: Central Board of Revenue (CBR) has promoted the cost accountants, senior auditors and auditors, presently working in different departments…
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Federal Tax Ombudsman allows full audit in suppressed income case
ISLAMABAD (August 10 2003) : Full audit of a case has been allowed by the Federal Tax Ombudsman where a…
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Revenue Board suspends operation of Section 73 of Sales Tax Act
KARACHI (August 10 2003) : The Central Board of Revenue (CBR), on the demand of the Federation of Pakistan Chambers…
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State Bank picks four more dealers
KARACHI (August 08 2003) : The State Bank of Pakistan (SBP) on Thursday increased the number of primary dealers by…
