| 31 August 2004 | Tuesday | 14 Rajab 1425 |
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EPB asked to cap quota allocation: First-cum-first-served basis
KARACHI, Aug 30: The government has asked the Export Promotion Bureau (EPB) to cap quota allocation placed on the first-cum-first-served (FCFS) basis from August 15, 2004, and onwards. ... 
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State Bank to sell Rs50bn treasury bills
KARACHI, Aug 30: The State Bank is going to sell Rs50 billion treasury bills on Tuesday-Wednesday to mop up part of the excess liquidity from the banking system. The central bank plans to raise Rs50 billion by selling three- month and one-year T-bills. ...
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Duty-free import of CKD buses
ISLAMABAD, Aug 30: The government has exempted from customs duty buses in CKD conditions to be imported through the Small and Medium Enterprises Development Authority (Smeda). ...
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No PDL revision likely today
KARACHI, Aug 30: The government has brought down the petroleum development levy (PDL) to zero because of which nothing is being charged on any petroleum product during the last two fortnightly adjustments. ...
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Taxpayers respond coolly to audit waiver incentive
LAHORE, Aug 30: The majority of non-corporate taxpayers, who had filed their IT returns for 2003 under the Universal Self- Assessment Scheme (USAS), have responded half-heartedly to the CBR incentive. ...
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Exporters seek govt help: 'Illegal' rice variety
ISLAMABAD, Aug 30: Brown rice exporters have sought government intervention to stop the Trading Corporation of Pakistan from direct purchase of a rice variety what they termed an 'illegal variety' for its subsequent export to Sri Lanka. ...
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Call for integrated Saarc stock market
ISLAMABAD, Aug 30: Securities and Exchange Commission of Pakistan Chairman Dr Tariq Hassan has proposed a three-pronged approach to achieve capital market integration in the Saarc region. ...
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More customs check-posts on cards
ISLAMABAD, Aug 30: Central Board of Revenue Chairman M. Abdullah Yousuf said on Monday the government would set up more customs check posts along the Pakistan-Afghan border to facilitate and regulate trade between the two countries. ...
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Gasoline, HOBC production
KARACHI, Aug 30: Bosicor Pakistan Limited has commenced production of motor gasoline and high octane blending component (HOBC) from July 1, 2004. The refinery, located at Mouza Kund, Balochistan, has already started commercial operation of crude, merox and LPG, says a press release. ...
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Car makers against govt intervention in pricing
LAHORE, Aug 30: Automobile assemblers have reacted strongly to the recent government intervention in the pricing of cars as a result of which Indus Motors had to rescind the increase in rates of its cars. ...
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Bullish trend on cotton market
KARACHI, Aug 30: Trading on the cotton market on Monday resumed on a higher note as spinners and mills were obliged to cover their forward positions around the ginner asking prices. ...
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Massive selling sets in on stock market
KARACHI, Aug 30: The KSE 100-share index on Monday took an unexpected plunge apparently overshadowing the assumption of an executive power by Prime Minister Shaukat Aziz but the future outlook appears bullish. ...
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