Southern region collects 113pc higher returns
KARACHI, Sept 23: The Southern Region of Income Tax, Karachi, up to September 22, 2004 collected more than 21,000 tax returns or 113 per cent higher than the corresponding period last year
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Shell seeks end to freeze on oil prices
KARACHI, Sept 23: Shell Pakistan said on Thursday that the government should increase retail petroleum prices because the recent freeze on prices wasn't sustainable due to rising global oil prices and revenue shortfalls from a key petroleum tax.
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NWFP fails to bring down flour price
PESHAWAR, Sept 23: The revival of NWFP government's wheat disbursement operations has failed to bring down price of atta in the province, according to official and market sources.
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Sindh govt summons millers: Flour prices
KARACHI, Sept 23: Sindh Food Minister Mr Arif Mustafa Jatoi has summoned senior officials of Food Department, wheat millers and Chakkiwalas on Friday to prepare what the officials say Ramazan package for consumers.
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World Bank for separate, independent debt office
ISLAMABAD, Sept 23: The World Bank has asked Pakistan to improve its debt management by setting up an independent and separate debt office for timely risk assessment and risk management.
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Rupee loses 19 paisa in inter-bank
KARACHI, Sept 23: The rupee went down to 59.36 a dollar on Thursday, from 59.17 a dollar on Wednesday in the inter-bank market, showing a big decline of 19 paisa or 0.3 per cent of its value in a single session.
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Lint prices maintain bullish outlook
KARACHI, Sept 23: Cotton market on Thursday gave another improved performance as spinners continued to cover their forward positions against foreign sales of cotton yarn and cloth amid predictions of continuation of the bullish trend.
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Stocks recover 55 points
KARACHI, Sept 23: Stocks on Thursday roared back to their pre-reaction levels as investors covered positions in a highly oversold market at the attractively lower levels mostly on selected counters under the lead of PTCL.
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