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Print - 2004-06-14
PML appreciates welfare-oriented budget

PML appreciates welfare-oriented budget

Pakistan Muslim League has appreciated the welfare-oriented federal budget, which has also provided a package of incentives for the farmers to improve the agriculture and economic sector of the country.
Published 14 Jun, 2004 12:00am
MoU signed with India for economic uplift of women entrepreneurs

MoU signed with India for economic uplift of women entrepreneurs

The Confederation of Indian Industry (CII) and the Women's Chamber of Commerce and Industry of Pakistan (WCCI) have inked a Memorandum of Understanding (MoU) to work together for economic and social development of women entrepreneurs in the two countries.
Published 14 Jun, 2004 12:00am
MoU signed with India for economic uplift of women entrepreneurs

MoU signed with India for economic uplift of women entrepreneurs

The Confederation of Indian Industry (CII) and the Women's Chamber of Commerce and Industry of Pakistan (WCCI) have inked a Memorandum of Understanding (MoU) to work together for economic and social development of women entrepreneurs in the two countries.
Published 14 Jun, 2004 12:00am
Eight terrorists killed

Eight terrorists killed

Security forces killed at least eight suspected terrorists who tried to enter the country from Afghanistan in a remote mountainous tribal region, a senior army official said on Sunday.
Published 14 Jun, 2004 12:00am
Eight terrorists killed

Eight terrorists killed

Security forces killed at least eight suspected terrorists who tried to enter the country from Afghanistan in a remote mountainous tribal region, a senior army official said on Sunday.
Published 14 Jun, 2004 12:00am
India test-fires 'Brahmos' missile

India test-fires 'Brahmos' missile

Brahmos, the Indo-Russian joint supersonic cruise missile, was successfully test fired on Sunday from the Integrated Test Range at Chandipur, 15-km from Balasore (Orissa)
Published 14 Jun, 2004 12:00am
India test-fires 'Brahmos' missile

India test-fires 'Brahmos' missile

Brahmos, the Indo-Russian joint supersonic cruise missile, was successfully test fired on Sunday from the Integrated Test Range at Chandipur, 15-km from Balasore (Orissa)
Published 14 Jun, 2004 12:00am
Hotel industry overburdened with various taxes

Hotel industry overburdened with various taxes

Hotel industry has been heavily overburdened with government duties and taxes, which was restricting its growth and forcing people to pay high rent for a room, hence the government should reduce the number of taxes to give much needed relief to this vital
Published 14 Jun, 2004 12:00am
Hotel industry overburdened with various taxes

Hotel industry overburdened with various taxes

Hotel industry has been heavily overburdened with government duties and taxes, which was restricting its growth and forcing people to pay high rent for a room, hence the government should reduce the number of taxes to give much needed relief to this vital
Published 14 Jun, 2004 12:00am
Britain warns of more terror attacks

Britain warns of more terror attacks

Britain on Sunday allowed junior diplomats and all dependents to leave Saudi Arabia after suspected al Qaeda extremists killed an American and abducted another in an escalation of their campaign to drive Westerners out of the oil-rich kingdom.
Published 14 Jun, 2004 12:00am
Lebanon's massive debt centre of political battle

Lebanon's massive debt centre of political battle

A political battle between Lebanese Prime Minister Rafiq Hariri and President Emile Lahoud, who wants a change to the constitution to let him seek another term in November, is heating up, with the focus on the country's massive 34 billion dollar debt.
Published 14 Jun, 2004 12:00am
Share market keeps its cool on two big shocks

Share market keeps its cool on two big shocks

Though Karachi faced two big shocks during last week, enough to shatter the confidence of investors, but the share market succeeded to keep its head high as it ended with gains on last day pushing the index higher than previous week.
Published 14 Jun, 2004 12:00am
Share market keeps its cool on two big shocks

Share market keeps its cool on two big shocks

Though Karachi faced two big shocks during last week, enough to shatter the confidence of investors, but the share market succeeded to keep its head high as it ended with gains on last day pushing the index higher than previous week.
Published 14 Jun, 2004 12:00am
LSE decries CVT levy

LSE decries CVT levy

The governing board of directors of the Lahore Stock Exchange (LSE) will decide on Monday its future course of action against the levy of 0.1 percent capital value tax (CVT) on shares trading.
Published 14 Jun, 2004 12:00am
LSE decries CVT levy

LSE decries CVT levy

The governing board of directors of the Lahore Stock Exchange (LSE) will decide on Monday its future course of action against the levy of 0.1 percent capital value tax (CVT) on shares trading.
Published 14 Jun, 2004 12:00am
LSE decries CVT levy

LSE decries CVT levy

The governing board of directors of the Lahore Stock Exchange (LSE) will decide on Monday its future course of action against the levy of 0.1 percent capital value tax (CVT) on shares trading.
Published 14 Jun, 2004 12:00am
'Export Guide' on drawback rates issued

'Export Guide' on drawback rates issued

The Central Board of Revenue (CBR) on Saturday issued 'Export Guide' carrying data on duty drawback rates, HS code of each item, schedule slabs and other information required for the declaration of goods to be exported.
Published 14 Jun, 2004 12:00am
'Export Guide' on drawback rates issued

'Export Guide' on drawback rates issued

The Central Board of Revenue (CBR) on Saturday issued 'Export Guide' carrying data on duty drawback rates, HS code of each item, schedule slabs and other information required for the declaration of goods to be exported.
Published 14 Jun, 2004 12:00am
Taxation measures to have Rs 7.5 billion negative impact

Taxation measures to have Rs 7.5 billion negative impact

Finance Minister Shaukat Aziz said here on Sunday that taxation measures introduced in the Budget 2004-05 would have a net negative impact of Rs 7.5 billion in revenue collection because of a quantum shift in tax systems to focus on reforms, in addition t
Published 14 Jun, 2004 12:00am
Taxation measures to have Rs 7.5 billion negative impact

Taxation measures to have Rs 7.5 billion negative impact

Finance Minister Shaukat Aziz said here on Sunday that taxation measures introduced in the Budget 2004-05 would have a net negative impact of Rs 7.5 billion in revenue collection because of a quantum shift in tax systems to focus on reforms, in addition t
Published 14 Jun, 2004 12:00am
Taxation measures to have Rs 7.5 billion negative impact

Taxation measures to have Rs 7.5 billion negative impact

Finance Minister Shaukat Aziz said here on Sunday that taxation measures introduced in the Budget 2004-05 would have a net negative impact of Rs 7.5 billion in revenue collection because of a quantum shift in tax systems to focus on reforms, in addition t
Published 14 Jun, 2004 12:00am
Sales Tax Act amended to check fake invoices

Sales Tax Act amended to check fake invoices

The Central Board of Revenue (CBR) has amended Sales Tax Act 1990 to empower the collectors to blacklist or suspend sales tax registration of a person involved in issuance of fake invoices, evaded tax or committed tax fraud.
Published 14 Jun, 2004 12:00am
Sales Tax Act amended to check fake invoices

Sales Tax Act amended to check fake invoices

The Central Board of Revenue (CBR) has amended Sales Tax Act 1990 to empower the collectors to blacklist or suspend sales tax registration of a person involved in issuance of fake invoices, evaded tax or committed tax fraud.
Published 14 Jun, 2004 12:00am
THE RUPEE: high payments push rates down

THE RUPEE: high payments push rates down

Corporate demand for genuine payments pushed the rupee-dollar parity rates down in the currency market last week, currency experts said.
Published 14 Jun, 2004 12:00am
THE RUPEE: high payments push rates down

THE RUPEE: high payments push rates down

Corporate demand for genuine payments pushed the rupee-dollar parity rates down in the currency market last week, currency experts said.
Published 14 Jun, 2004 12:00am
Suicide bomber kills 12 Iraqis in Baghdad

Suicide bomber kills 12 Iraqis in Baghdad

A suicide car bomber killed up to 12 Iraqis near a US-Iraqi base in Baghdad on Sunday and gunmen killed a senior Iraqi civil servant and a university professor in a new spate of assassinations.
Published 14 Jun, 2004 12:00am
Suicide bomber kills 12 Iraqis in Baghdad

Suicide bomber kills 12 Iraqis in Baghdad

A suicide car bomber killed up to 12 Iraqis near a US-Iraqi base in Baghdad on Sunday and gunmen killed a senior Iraqi civil servant and a university professor in a new spate of assassinations.
Published 14 Jun, 2004 12:00am
10 held over killing of Chinese workers

10 held over killing of Chinese workers

Fourteen people, including some formerly involved with Taleban and Hezb-i-Islami men, were involved in the killing of 11 Chinese workers in north-eastern Afghanistan, a military commander said on Sunday.
Published 14 Jun, 2004 12:00am
Al Qaeda hideouts smashed in South Waziristan

Al Qaeda hideouts smashed in South Waziristan

Pakistan military on Sunday said it had achieved the target of destroying hideouts of foreign terrorists in the rugged terrain near the Afghan border.
Published 14 Jun, 2004 12:00am
Al Qaeda hideouts smashed in South Waziristan

Al Qaeda hideouts smashed in South Waziristan

Pakistan military on Sunday said it had achieved the target of destroying hideouts of foreign terrorists in the rugged terrain near the Afghan border.
Published 14 Jun, 2004 12:00am
Al Qaeda operative among 13 arrested

Al Qaeda operative among 13 arrested

Security forces have arrested a nephew of a top al Qaeda operative and several other foreigners blamed for a series of attacks, including an assassination attempt on Corps Commander Karachi Lieutenant General Ahsan Saleem Hayat, Interior Minister Faisal S
Published 14 Jun, 2004 12:00am
Al Qaeda operative among 13 arrested

Al Qaeda operative among 13 arrested

Security forces have arrested a nephew of a top al Qaeda operative and several other foreigners blamed for a series of attacks, including an assassination attempt on Corps Commander Karachi Lieutenant General Ahsan Saleem Hayat, Interior Minister Faisal S
Published 14 Jun, 2004 12:00am
Corporate sector in a tailspin

Corporate sector in a tailspin

The imposition of 0.1 percent capital value tax (CVT) on stock traders has perturbed the entire corporate sector all over the country. In case the tax is not withdrawn, the three stock markets in Pakistan may pull down their shutters for indefinite period
Published 14 Jun, 2004 12:00am
Corporate sector in a tailspin

Corporate sector in a tailspin

The imposition of 0.1 percent capital value tax (CVT) on stock traders has perturbed the entire corporate sector all over the country. In case the tax is not withdrawn, the three stock markets in Pakistan may pull down their shutters for indefinite period
Published 14 Jun, 2004 12:00am
Corporate sector in a tailspin

Corporate sector in a tailspin

The imposition of 0.1 percent capital value tax (CVT) on stock traders has perturbed the entire corporate sector all over the country. In case the tax is not withdrawn, the three stock markets in Pakistan may pull down their shutters for indefinite period
Published 14 Jun, 2004 12:00am
Turmoil on bourses

Turmoil on bourses

"The imposition of 0.1 percent Capital Value Tax (CVT) on purchase of shares will drastically impact the trading volume on the bourses and the government''s estimate to net Rs 7 billion will not materialise. And in case it is not withdrawn or reduced, the
Published 14 Jun, 2004 12:00am
Turmoil on bourses

Turmoil on bourses

"The imposition of 0.1 percent Capital Value Tax (CVT) on purchase of shares will drastically impact the trading volume on the bourses and the government's estimate to net Rs 7 billion will not materialise. And in case it is not withdrawn or reduced, the
Published 14 Jun, 2004 12:00am
Turmoil on bourses

Turmoil on bourses

"The imposition of 0.1 percent Capital Value Tax (CVT) on purchase of shares will drastically impact the trading volume on the bourses and the government's estimate to net Rs 7 billion will not materialise. And in case it is not withdrawn or reduced, the
Published 14 Jun, 2004 12:00am
0.1 percent CVT issue resolved, final approval awaited

0.1 percent CVT issue resolved, final approval awaited

The Central Board of Revenue, Securities and Exchange Commission of Pakistan and management of three stock exchanges on Sunday resolved the issue of 0.1 percent capital value tax (CVT) which was imposed in the Federal Budget on Saturday.
Published 14 Jun, 2004 12:00am
0.1 percent CVT issue resolved, final approval awaited

0.1 percent CVT issue resolved, final approval awaited

The Central Board of Revenue, Securities and Exchange Commission of Pakistan and management of three stock exchanges on Sunday resolved the issue of 0.1 percent capital value tax (CVT) which was imposed in the Federal Budget on Saturday.
Published 14 Jun, 2004 12:00am
0.1 percent CVT issue resolved, final approval awaited

0.1 percent CVT issue resolved, final approval awaited

The Central Board of Revenue, Securities and Exchange Commission of Pakistan and management of three stock exchanges on Sunday resolved the issue of 0.1 percent capital value tax (CVT) which was imposed in the Federal Budget on Saturday.
Published 14 Jun, 2004 12:00am
The Weather

The Weather

The weather report on Sunday (June 13) and the forecast for Monday (June 14, 2004).
Published 14 Jun, 2004 12:00am
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