EOBI equity income shoots up by 83pc
KARACHI, Feb 21: The Employees Old-Age Benefits Institution (EOBI) made a fabulous growth of over 83 per cent in equity income on realizing Rs851.55 million
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Rising cash holding to push up inflation
KARACHI, Feb 21: A sharp increase in currency in circulation (CiC) threatens to push inflation further up in the remaining five months of this fiscal year.
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Govt may impose dumping duty on Taiwanese firm
ISLAMABAD, Feb 21: The government is likely to impose around 20 per cent anti-dumping duty on imports of glacial acetic acid (GAA) from Chinese Taipei - Taiwan.
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Financial sector reforms fuelling pro-poor growth
KARACHI, Feb 21: How have 4-5 years of financial sector reforms begun to impact on "pro-poor growth" was the theme of an address by State Bank Governor Dr Ishrat Husain at the annual general meeting of the Institute of Bankers Pakistan (IBP) here on Saturday.
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SPI shows 0.48pc decline
ISLAMABAD, Feb 21: The Sensitive Price Indicator showed a fall of 0.48 per cent during the week ending February 19, 2004, as compared to previous week, according to the weekly price review released by the Federal Bureau of Statistics here on Saturday.
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Cotton output put at 10m bales
MULTAN, Feb 21: The Standing Committee on Cotton Crop Assessment in its meeting held here on Saturday maintained its previous estimate of 10m bales of cotton production for the year 2003-04.
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Training programme for CBR officials
ISLAMABAD, Feb 21: The Central Board of Revenue has initiated a broad-based training need assessment (TNA) across all functions to improve the skills of tax officials.
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16-kg ghee tin price up by Rs20-30
KARACHI, Feb 21: The price of 16 kg ghee tins has gone up by Rs20-30 per tin, thus putting a heavy burden on a large number of consumers to pay Rs2 per kg more on purchasing loose ghee in just one day.
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Soda ash industry hit by high energy cost: NTC
ISLAMABAD, Feb 21: The survival of industry in Pakistan against the avalanche of imports under commitments to the WTO and conditionalities of the IMF does not lie in tariff protection but in reducing energy cost
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Income tax assessment
ISLAMABAD, Feb 21: Federal Tax Ombudsman Justice Saleem Akhtar has recommended to the Central Board of Revenue to advise the taxation officials to carry out income tax assessment in accordance with the income tax law and procedures.
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ICCI chief for greater economic cooperation
ISLAMABAD, Feb 21: President of Islamic Chamber of Commerce and Industry (ICCI), Aqeel Al Jassem, on Saturday highlighting rich natural resources, potentials and opportunities in the Muslim world called for greater cooperation among them in the fields of trade and investment.
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CBR directive on ST audit procedures
ISLAMABAD, Feb 21: The Central Board of Revenue has directed all the collectorates of sales tax to select cases for sales tax audits in accordance with the new procedures.
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PNSC
KARACHI, Feb 21: During the current bull run, some stocks have quietly outperformed the market by an exceedingly wide margin. The share of the par value of Rs10 in Pakistan National Shipping Corporation (PNSC) has galvanized by an incredible 309 per cent in a year
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Dullness persists on cotton market
KARACHI, Feb 21: Trading on the cotton market on Saturday remained insipid as spinners and mills were not inclined to make bigger commitments owing to conflicting reports about the size of the crop.
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