Millers yet to receive Punjab wheat: Crisis deepens
KARACHI, Sept 18: Wheat traders say that the Punjab government is yet to allow them to transport wheat to Karachi for selling in the open market, thereby increasing their cost of inventories and
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FTO identifies 23 irritants in sales tax
ISLAMABAD, Sept 18: The Federal Tax Ombudsman has proposed to the government a string of measures for removing 23 irritants of Sales Tax to provide facilities to taxpayers.
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Balance of payments turns negative
KARACHI, Sept 18: The State Bank says in its balance of payments (BOP) statement that trade deficit in July 2004, based on free-on-board value of imports and exports, was $350 million.
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Eying the core income stocks
KARACHI, Sept 18: Given the current price levels at the stock exchanges and the emerging trends in the economy, an impression is gaining grounds that the current phase of steep rise in the stock prices is over at least for the time being.
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Rise in property prices hits genuine buyers
KARACHI, Sept 18: Genuine buyers' sentiments are burning up with the overheating property rates in the mega city. They are literally either confused whether to wait for the decline in property rates or stay where they are.
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Trade surplus with UK up 16pc in '03-04
ISLAMABAD, Sept 18: Pakistan's trade surplus with the United Kingdom increased by more than 16 per cent to $502.504 million during the year 2003-04, over $431.748 million achieved in the previous year.
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Badla rates show modest increase
KARACHI, Sept 18: Carryover rates on the Karachi Stock Exchange during the last week posted a fractional rise of 60 basis points at 7.9 per cent after previous two weeks' persistent fall.
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Withholding tax collection up 9.7pc
ISLAMABAD, Sept 18: The collection of withholding tax registered a growth of 9.7 per cent to Rs92.193 billion during the year 2003-04, against Rs84.057 billion the previous year.
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Aziz seeks proposals on how to benefit common man
ISLAMABAD, Sept 17: The ministry of finance has been asked to formulate 'specific proposals' on how the benefits of an economic upturn could trickle down to the common man.
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Pakistan, Thailand to enhance trade
KARACHI, Sept 18: Thai Trade Minister Prachuab Chaiyasan on Saturday said Pakistan and Thailand would set up a joint study team to identify areas of close cooperation for improving bilateral trade between the two countries.
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CBR transfers, postings
ISLAMABAD, Sept 18: The Central Board of Revenue has transferred and posted 40 senior officers of income tax group.
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Partnership accord signed with France
KARACHI, Sept 18: Pakistan is trying to diversify its sources of investment, technology transfer, trade and business relationships with different countries.
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D.G. Khan Cement Company
KARACHI, Sept 18: The financial results of DG Khan Cement Company Limited for the year ended June 30, 2004 announced on Thursday, came within the range of majority of the sample of five brokerage houses: Elixir; Jahangir Siddiqui; Taurus; Arif Habib and KASB.
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Prices ease on heavy phutti arrivals
KARACHI, Sept 18: Cotton prices on Saturday eased further as some of the ginners tried to get out of their long positions followed by reports of higher arrivals of phutti into the ginneries.
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