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Print - 2008-04-14
Budget 2008: why does FBR prepare Finance Bill?-I

Budget 2008: why does FBR prepare Finance Bill?-I

Over the period, our tax system has become rotten, oppressive, unjust and target-oriented. There is a dire need to discuss the philosophical framework and principles that should be the main concern of our tax policy.
Published 14 Apr, 2008 12:00am
An unjustified request

An unjustified request

The Karachi Stock Exchange in its budget proposals, routinely compiled at this time of the year by all stakeholders, including those in the private sector as well as in autonomous organisations, has urged the government to maintain the exemption from capi
Published 14 Apr, 2008 12:00am
1000 unmarked graves

1000 unmarked graves

In 18 villages of Baramula District of Kashmir, about a thousand graves have been discovered which are unmarked, it was recently announced by the Association of Parents of Disappeared Persons. Human Rights groups claim that about 10,000 people have disapp
Published 14 Apr, 2008 12:00am
PIA woes

PIA woes

It has been reported that during the recent Cabinet meeting, the finance ministry was empowered to issue a Government guarantee for an additional borrowing of one billion rupees by Pakistan International Airlines (PIA). This is not the first time the nati
Published 14 Apr, 2008 12:00am
No noticeable change in over all conditions on cotton market

No noticeable change in over all conditions on cotton market

Irregular trading continued as spinners got ready to pay more to the sellers. The spot rate stayed put until Wednesday then after a couple of changes, came back to last week level of Rs 3,300. In ready the price was stretched Rs 3,550.
Published 14 Apr, 2008 12:00am
No noticeable change in over all conditions on cotton market

No noticeable change in over all conditions on cotton market

Irregular trading continued as spinners got ready to pay more to the sellers. The spot rate stayed put until Wednesday then after a couple of changes, came back to last week level of Rs 3,300. In ready the price was stretched Rs 3,550.
Published 14 Apr, 2008 12:00am
Robust upturn in essential commodities prices

Robust upturn in essential commodities prices

Robust upturn sustained in certain essential commodities, while other eased somewhat during the week ended on April 12, 2008. Price changes were in gram garda, gram garda dal, yellow peas Canada, beetle Chana I, beetle 50x50, Irri 9 and Irri 6 Sindh, whea
Published 14 Apr, 2008 12:00am
Delayed sowing arouses fears of poor cotton crop

Delayed sowing arouses fears of poor cotton crop

The current cotton crop is at the verge of finalisation with seed-cotton equivalent to 11.331 million running bales down 8.5 percent up to 31st March, 08 with Sindh province producing 2.519 million bales - up 8.67 percent and Punjab 8.812 million bales do
Published 14 Apr, 2008 12:00am
Delayed sowing arouses fears of poor cotton crop

Delayed sowing arouses fears of poor cotton crop

The current cotton crop is at the verge of finalisation with seed-cotton equivalent to 11.331 million running bales down 8.5 percent up to 31st March, 08 with Sindh province producing 2.519 million bales - up 8.67 percent and Punjab 8.812 million bales do
Published 14 Apr, 2008 12:00am
Lums organises business schools' convention

Lums organises business schools' convention

"Synergies '08," the first ever Business Schools' Convention in Pakistan, was organised by the Lahore University of Management Sciences (Lums), in collaboration with Pakistan Telecommunication Company (PTCL) at Lums, here.
Published 14 Apr, 2008 12:00am
Anniversary of Bakhtiar to be observed

Anniversary of Bakhtiar to be observed

The 15th death anniversary of Bashir Ahmad Bakhtiar will be observed on April15, 2008. One of the pioneers of labour movement in the country as well as in the subcontinent, Bakhtiar was the founder of Wapda Hydro Electric Central labour union in Pakistan.
Published 14 Apr, 2008 12:00am
Cut in companies tax rate proposed

Cut in companies tax rate proposed

Sheikhupura Chamber of Commerce and Industry (SCCI) has urged the government to reduce flat rate of taxation on limited companies from 35 percent to 25 percent and this reduction to small companies be extended irrespective of their date of incorporation.
Published 14 Apr, 2008 12:00am
PWF proposes national economic self-reliance policy

PWF proposes national economic self-reliance policy

The Pakistan Workers Federation (PWF), has sent proposals to the Prime Minister and Federal Minister, Finance and Economic Affairs to tackle the serious economic and social crises being faced by the masses due to high prices of essential commodities, its
Published 14 Apr, 2008 12:00am
Nazim visits under construction parks

Nazim visits under construction parks

District Nazim Hyderabad, Kanwar Naveed Jamil on Sunday visited different under construction parks in the district and reviewed the ongoing pace of work. The Nazim said that work on Rani Bagh Park will be completed next month and will be opened for public
Published 14 Apr, 2008 12:00am
Pakistani astronaut honoured at Swedish Space Corporation

Pakistani astronaut honoured at Swedish Space Corporation

In a series of expeditions, Namira Salim, the first Pakistani astronaut has just concluded a visit to Kiruna, Sweden, with Virgin Galactic. As part of her visit to space, Namira's visit was to watch a 2 stage sub-orbital rocket launch at SSC where Pakista
Published 14 Apr, 2008 12:00am
Chief minister visits Data Ganj Bukhsh Mazar

Chief minister visits Data Ganj Bukhsh Mazar

Punjab Chief Minister Sardar Dost Muhammad Khan Khosa on Sunday visited the shrine of Hazrat Ali Bin Usman Al-Hajveri known as Data Ganj Bukhsh (RA). He offered Zohar prayers at Data Darbar Mosque and specially prayed for the development and prosperity of
Published 14 Apr, 2008 12:00am
Judges issue takes centre stage

Judges issue takes centre stage

Though Pakistan has become a house of problems - shortage of flour, skyrocketing prices of food items, long and frequent loading shedding, unprecedented trade imbalance, unbridgeable budget deficit, unemployment, increasing poverty, water shortage, enviro
Published 14 Apr, 2008 12:00am
CPJ hails government's move to lift media curbs

CPJ hails government's move to lift media curbs

The Committee to Protect Journalists (CPJ), an independent group that safeguards press freedom worldwide, has welcomed the new Pakistani government's move to lift restrictions on media imposed by the previous government.
Published 14 Apr, 2008 12:00am
Samsung organises event for Olympic torchbearers

Samsung organises event for Olympic torchbearers

Samsung Electronics, the official Presenting Partner for Beijing 2008 Olympic Torch relay hosted an acknowledgement ceremony for their Islamabad torchbearers string (Faisal and Bilal) Vaneeza Ahmed, Shahzad Roy, Najama Vohra and Flying Horse Samiullah Kha
Published 14 Apr, 2008 12:00am
Rich tributes paid to Hindko mystic poet

Rich tributes paid to Hindko mystic poet

A seminar held here on Sunday paid glowing tributes to great Hindko mystic poet, Sain Ahmad Ali and called for setting up a chair at the University of Peshawar to carry out in-depth research on the work of the saint.
Published 14 Apr, 2008 12:00am
EAMP produces effective result in textile sector

EAMP produces effective result in textile sector

The Energy Audits and Manage Programme (EAMP) in Lahore and Faisalabad has produced effective result in textile sector by saving about 15 percent of the energy cost in spinning and 20-25 percent in processing, has reduced electricity and gas bills.
Published 14 Apr, 2008 12:00am
RCO holds talks with Tori tribes for ceasefire in Kurram Agency

RCO holds talks with Tori tribes for ceasefire in Kurram Agency

Regional Coordination Officer (RCO), Kohat region Umar Khan Afridi Sunday visited Parachinar, Headquarter of Kurram Agency, and held talks with the elders of Tori tribes for brokering ceasefire between the rival groups.
Published 14 Apr, 2008 12:00am
Development process accelerates in Tank

Development process accelerates in Tank

To give further impetus to development process in Tank district, the government is spending a fabulous amount of Rs 1014.405 million on various ongoing uplift projects in remote southern district of NWFP.
Published 14 Apr, 2008 12:00am
Three injured in Quetta blast

Three injured in Quetta blast

Three boys were injured when two unknown miscreants on motorcycle hurled a hand grenade here at Ayub Stadium on Sunday, police told APP. The boys were playing cricket in the stadium when they came under attack of the hand grenade.
Published 14 Apr, 2008 12:00am
Bank of Khyber to establish Call Centre

Bank of Khyber to establish Call Centre

The Bank of Khyber (BoK) is going to establish a Call Centre for providing maximum facilitates to its clients, which will be operational shortly. This was announced by Bank of Khyber (BoK), Managing Director, Bilal Mustafa in his welcome address at a dinn
Published 14 Apr, 2008 12:00am
Workshop on floriculture, landscape management organised

Workshop on floriculture, landscape management organised

World trade of flowers and ornamentals has touched 50 billion dollars while their export is around 10 billion dollars excluding essential oils. The share of cut flowers in the export value is 50 percent while 41 percent is claimed by plants and cut foliag
Published 14 Apr, 2008 12:00am
Criminals' gang busted

Criminals' gang busted

Investigation Police Icchra have busted a gang of criminals involved in a number of incidents of street crimes, arrested its four members and seized looted property along with illegal weapons from them. The accused confessed to 10 such incidents during pr
Published 14 Apr, 2008 12:00am
10 killed in road mishaps

10 killed in road mishaps

Ten persons including four of a family were killed, while more than 50 injured in three different road accidents here on Sunday. The first accident took place on Jhang-Bhakkar road near Pakka road, where a passenger bus turned turtle owing to over-speedin
Published 14 Apr, 2008 12:00am
Three siblings among 11 killed in accidents

Three siblings among 11 killed in accidents

As many as eleven people including three siblings were killed in different road accidents in Multan on Sunday. Police said three siblings, Muhammad Iqbal, Zulfikar and their sister Zubaida, were on their way to home in a motorcycle. As their motorcycle re
Published 14 Apr, 2008 12:00am
Industries facing severe crisis

Industries facing severe crisis

Mango, cotton and power looms industries are facing severe crisis in absence of facilities par to international standard, industry sources said. These industries are threatened with cloudy future due to surge in imports and fall in the export orders.
Published 14 Apr, 2008 12:00am
Sindh government releases funds for bar associations

Sindh government releases funds for bar associations

Government of Sindh has released funds allocated for the Bar Associations, Karachi Bar president Mehmood-ul-Hassan said on Sunday. President Karachi Bar Association told a private TV channel that the Provincial Minister of Law Ayaz Soomro talked to him on
Published 14 Apr, 2008 12:00am
CDA to set up transport terminal in sector I-18

CDA to set up transport terminal in sector I-18

Capital Development Authority (CDA) would set-up a transport terminal in sector I-18, around 40 km away from the center of the city, it was learnt on Sunday.
Published 14 Apr, 2008 12:00am
Upcoming election in Indian held Kashmir termed drama

Upcoming election in Indian held Kashmir termed drama

Peoples Muslim League chief and former AJK Prime Minister Barrister Sultan Mahmood Chaudhry has said that the forthcoming Indian-sponsored elections drama in the Indian held Jammu Kashmir state could never be the substitute of the plebiscite in the intern
Published 14 Apr, 2008 12:00am
76,000 cotton bales prepared

76,000 cotton bales prepared

About 76,000 bales of cotton have been prepared in Punjab under clean cotton programme. According to a report, 97 percent of cotton has been cleaned from the season 2007-08. Textile mills have purchased 63,000 bales; exporters have purchased 4000 bales wh
Published 14 Apr, 2008 12:00am
Number of missing persons in thousands: Amna Masood

Number of missing persons in thousands: Amna Masood

Chairperson Defence of Human Rights Amna Masood Janjua has said that the number of missing people is in thousands and 80 percent of the imprisoned people are innocent. Addressing a press conference at the press club the other day she said that the missing
Published 14 Apr, 2008 12:00am
Kashmiris paying for Abdullah's follies: APHC

Kashmiris paying for Abdullah's follies: APHC

In occupied Kashmir, senior leader of the All Parties Hurriyet Conference, Shabbir Ahmed Shah has said that Kashmiris have been suffering because of former puppet Chief Minister, Sheikh Muhammad Abdullah's follies who entered into an accord with India in
Published 14 Apr, 2008 12:00am
Setting up of cotton research institute delayed

Setting up of cotton research institute delayed

Traditional senseless bureaucracy has again come in the way of a big project and the project to establish a Cotton Ginning Research and Training Institute has been delayed. This project was in the pipeline from the last five years. Ministry of textile ind
Published 14 Apr, 2008 12:00am
Decision on former minister's bail plea likely today

Decision on former minister's bail plea likely today

A Single Bench comprising Chief Justice of Islamabad High Court Sardar Mohammad Aslam is likely to announce its verdict over a bail plea of Shahid Jamil Qureshi, former federal minister for communication, on Monday.
Published 14 Apr, 2008 12:00am
Business Recorder's Islamabad Resident Editor

Business Recorder's Islamabad Resident Editor

Anjum Ibrahim is Business Recorder's Resident Editor in Islamabad following Bureau Chief Ikramul Haq's retirement from service last month. She worked for three years in this newspaper's Lahore offices as Resident Editor before she went abroad to wo
Published 14 Apr, 2008 12:00am
Business Recorder's Islamabad Resident Editor

Business Recorder's Islamabad Resident Editor

Anjum Ibrahim is Business Recorder's Resident Editor in Islamabad following Bureau Chief Ikramul Haq's retirement from service last month. She worked for three years in this newspaper's Lahore offices as Resident Editor before she went abroad to wo
Published 14 Apr, 2008 12:00am
Teradata IT Excellence awards ceremony held

Teradata IT Excellence awards ceremony held

The federal government has planned to bring the information and communication technology education in the country in line with the industry requirements. This was stated by Mian Reza Rabbani, Leader of the House in Senate at the 8th Teradata National IT E
Published 14 Apr, 2008 12:00am
Shujaat arrives in UK

Shujaat arrives in UK

Pakistan Muslim Leaguer-Q, President, Chaudhry Shujaat Husain has arrived in the UK for a short stay during which he will undergo medical check-up and meet MQM leader Altaf Hussain as well.
Published 14 Apr, 2008 12:00am
Exploring trade potential seminar today

Exploring trade potential seminar today

A day-long trade seminar would be held here on Monday to explore Pakistan's export potential in China and Malaysia in the context of the Free Trade Agreement (FTA). The seminar has been organised by Trade Development Authority of Pakistan (TDAP) in collab
Published 14 Apr, 2008 12:00am
Ban on 50 housing projects yet to be lifted

Ban on 50 housing projects yet to be lifted

The ban on sale, lease and sub-lease of 5,000 residential units in 50 different housing projects could not be lifted since last six and half years.
Published 14 Apr, 2008 12:00am
Shops and offices auction postponed

Shops and offices auction postponed

The open auction of shops and offices in under-construction parking plaza in Saddar area has been postponed. The City Government was to auction these shops and offices on April 14, 16 and said that new dates will be announced later.
Published 14 Apr, 2008 12:00am
PML-N ministers will not meet, travel with Musharraf: Chaudhry Nisar

PML-N ministers will not meet, travel with Musharraf: Chaudhry Nisar

Leader of Pakistan Muslim League-Nawaz (PML-N) Chaudhry Nisar Ali Khan has said that his party's ministers in the federal cabinet will not meet or travel with President Pervez Musharraf. Talking to a private TV channel he said that the PML-N did not accep
Published 14 Apr, 2008 12:00am
PPP committed to reconciliation process: Sherry

PPP committed to reconciliation process: Sherry

Information Minister Sherry Rehman said on Sunday that the reservations showed by the MQM leadership was the part of democratic process and it was their right to decide to sit in the opposition. Talking to a private news channel, she said that every polit
Published 14 Apr, 2008 12:00am
Sharifs will be responsible if any thing happens to me: Elahi

Sharifs will be responsible if any thing happens to me: Elahi

Former chief minister Punjab and Opposition leader in the National Assembly Chaudhry Pervaiz Elahi has said that if anything happens to him or any member of his family, Nawaz and Shahbaz Sharif will be responsible for it and FIR will be lodged against the
Published 14 Apr, 2008 12:00am
Rich tributes paid to Allama II Qazi

Rich tributes paid to Allama II Qazi

The Founder's week programme to commemorate the 40th death anniversary of Allama II Qazi, the founder Vice Chancellor of the Sindh University (SU), concluded on Sunday.
Published 14 Apr, 2008 12:00am
Workshop for tomato farmers starts

Workshop for tomato farmers starts

The Vice Chancellor, Sindh Agriculture University Tandojam, Dr Bashir Ahmad Shaikh has said that agriculture sector is one of the major contributors to the country's improving economy. The Vice Chancellor was speaking at the inaugural ceremony of a three-
Published 14 Apr, 2008 12:00am
First curated exhibition in Dubai

First curated exhibition in Dubai

The first curated exhibition at Art Dubai brings a new creative dimension to the fair, giving a voice to emerging artists from Pakistan. 'Desperately Seeking Paradise', which is sponsored by Wateen Telecom, features eleven artists from Pakistan whose work
Published 14 Apr, 2008 12:00am
LCCI rejects ''two'' weekly holidays proposal

LCCI rejects ''two'' weekly holidays proposal

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the Federal Minister, Water and Power, Raja Pervaiz Ashraf''s idea of closing all commercial centres in the country at 7 pm, holidays for the industrial sector, but rejected "two" weekly holi
Published 14 Apr, 2008 12:00am
LCCI rejects 'two' weekly holidays proposal

LCCI rejects 'two' weekly holidays proposal

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the Federal Minister, Water and Power, Raja Pervaiz Ashraf's idea of closing all commercial centres in the country at 7 pm, holidays for the industrial sector, but rejected "two" weekly holid
Published 14 Apr, 2008 12:00am
LCCI rejects 'two' weekly holidays proposal

LCCI rejects 'two' weekly holidays proposal

The Lahore Chamber of Commerce and Industry (LCCI) has welcomed the Federal Minister, Water and Power, Raja Pervaiz Ashraf's idea of closing all commercial centres in the country at 7 pm, holidays for the industrial sector, but rejected "two" weekly holid
Published 14 Apr, 2008 12:00am
Pakistan must help Kabul end violence: Kouchner

Pakistan must help Kabul end violence: Kouchner

French Foreign Minister Bernard Kouchner said Sunday that Taliban violence in Afghanistan could only be stopped with the aid of Pakistan, where 'rebels' operate in lawless border areas.
Published 14 Apr, 2008 12:00am
Pakistan must help Kabul end violence: Kouchner

Pakistan must help Kabul end violence: Kouchner

French Foreign Minister Bernard Kouchner said Sunday that Taliban violence in Afghanistan could only be stopped with the aid of Pakistan, where 'rebels' operate in lawless border areas.
Published 14 Apr, 2008 12:00am
Payment of sugarcane growers' dues demanded

Payment of sugarcane growers' dues demanded

Sindh Chamber of Agriculture has called for payment of outstanding dues of sugarcane growers by the management of sugar mills. In this connection a meeting of the executive committee of SCA made a plea to the Chief Minister to intervene.
Published 14 Apr, 2008 12:00am
Power looms workers protest against loadshedding

Power looms workers protest against loadshedding

More than 1000 baton wielded workers and owners of power looms on Sunday observed sit-in on the railway track on Multan-Khanewal section for four hours. Resultantly Multan Bound Musa Pak, Karachi bound Khyber mail, Multan bound Faisalabad express and Laho
Published 14 Apr, 2008 12:00am
Load shedding disrupts businesses

Load shedding disrupts businesses

Unannounced load shedding caused massive disturbance in business and all other routines of life. A massive protest was staged by workers and labourers of different factories against the frequent load shedding in front of Mepco office here on Friday.
Published 14 Apr, 2008 12:00am
Trade activity remain volatile on LSE

Trade activity remain volatile on LSE

Rumours emanating from political and economic fronts kept the market movement highly volatile with trade activity remaining very low because of investors' cautious approach, during the past week.
Published 14 Apr, 2008 12:00am
Trade activity remain volatile on LSE

Trade activity remain volatile on LSE

Rumours emanating from political and economic fronts kept the market movement highly volatile with trade activity remaining very low because of investors' cautious approach, during the past week.
Published 14 Apr, 2008 12:00am
Concessional duty on power plants equipment disallowed

Concessional duty on power plants equipment disallowed

The federal government has decided not to allow further import of power plants equipment at concessional rate of customs duty as part of its strategy to encourage local engineering industry, capable of manufacturing such equipment, official sources told <
Published 14 Apr, 2008 12:00am
Concessional duty on power plants equipment disallowed

Concessional duty on power plants equipment disallowed

The federal government has decided not to allow further import of power plants equipment at concessional rate of customs duty as part of its strategy to encourage local engineering industry, capable of manufacturing such equipment, official sources told <
Published 14 Apr, 2008 12:00am
Concessional duty on power plants equipment disallowed

Concessional duty on power plants equipment disallowed

The federal government has decided not to allow further import of power plants equipment at concessional rate of customs duty as part of its strategy to encourage local engineering industry, capable of manufacturing such equipment, official sources told <
Published 14 Apr, 2008 12:00am
Most PSDP directors not filing withholding tax statements

Most PSDP directors not filing withholding tax statements

The Federal Board of Revenue (FBR) has found that most of the project directors of 2,300 public sector development projects (PSDP) were not filing their withholding tax statements under Income Tax Ordinance 2001.
Published 14 Apr, 2008 12:00am
Most PSDP directors not filing withholding tax statements

Most PSDP directors not filing withholding tax statements

The Federal Board of Revenue (FBR) has found that most of the project directors of 2,300 public sector development projects (PSDP) were not filing their withholding tax statements under Income Tax Ordinance 2001.
Published 14 Apr, 2008 12:00am
Most PSDP directors not filing withholding tax statements

Most PSDP directors not filing withholding tax statements

The Federal Board of Revenue (FBR) has found that most of the project directors of 2,300 public sector development projects (PSDP) were not filing their withholding tax statements under Income Tax Ordinance 2001.
Published 14 Apr, 2008 12:00am
CFS investment marginally up

CFS investment marginally up

Total investment under Continuous Funding System (CFS) at the Karachi share market marginally increased by Rs 46.8 million (0.09 percent) on week-on-week basis and finally settled at Rs 54.58 billion.
Published 14 Apr, 2008 12:00am
CFS investment marginally up

CFS investment marginally up

Total investment under Continuous Funding System (CFS) at the Karachi share market marginally increased by Rs 46.8 million (0.09 percent) on week-on-week basis and finally settled at Rs 54.58 billion.
Published 14 Apr, 2008 12:00am
CFS investment marginally up

CFS investment marginally up

Total investment under Continuous Funding System (CFS) at the Karachi share market marginally increased by Rs 46.8 million (0.09 percent) on week-on-week basis and finally settled at Rs 54.58 billion.
Published 14 Apr, 2008 12:00am
CFS investment marginally up

CFS investment marginally up

Total investment under Continuous Funding System (CFS) at the Karachi share market marginally increased by Rs 46.8 million (0.09 percent) on week-on-week basis and finally settled at Rs 54.58 billion.
Published 14 Apr, 2008 12:00am
FBR examining refund of Rs 4.6 billion to zero-rated sectors

FBR examining refund of Rs 4.6 billion to zero-rated sectors

The Federal Board of Revenue (FBR) is examining the overall quantum of exports during 2007-2008 for verification of the refund payment amounting to Rs 4.6 billion to the zero-rated sectors including textile, leather, carpets, sports and surgical industry.
Published 14 Apr, 2008 12:00am
FBR examining refund of Rs 4.6 billion to zero-rated sectors

FBR examining refund of Rs 4.6 billion to zero-rated sectors

The Federal Board of Revenue (FBR) is examining the overall quantum of exports during 2007-2008 for verification of the refund payment amounting to Rs 4.6 billion to the zero-rated sectors including textile, leather, carpets, sports and surgical industry.
Published 14 Apr, 2008 12:00am
FBR examining refund of Rs 4.6 billion to zero-rated sectors

FBR examining refund of Rs 4.6 billion to zero-rated sectors

The Federal Board of Revenue (FBR) is examining the overall quantum of exports during 2007-2008 for verification of the refund payment amounting to Rs 4.6 billion to the zero-rated sectors including textile, leather, carpets, sports and surgical industry.
Published 14 Apr, 2008 12:00am
Bears rule the roost on KSE

Bears rule the roost on KSE

After witnessing bullish trend during last two consecutive weeks, the Karachi share market took a downturn in the outgoing week ended April 11, 2008 as the investors opted for profit-taking due to law and order situation and issue of capital gain tax.
Published 14 Apr, 2008 12:00am
Bears rule the roost on KSE

Bears rule the roost on KSE

After witnessing bullish trend during last two consecutive weeks, the Karachi share market took a downturn in the outgoing week ended April 11, 2008 as the investors opted for profit-taking due to law and order situation and issue of capital gain tax.
Published 14 Apr, 2008 12:00am
Bears rule the roost on KSE

Bears rule the roost on KSE

After witnessing bullish trend during last two consecutive weeks, the Karachi share market took a downturn in the outgoing week ended April 11, 2008 as the investors opted for profit-taking due to law and order situation and issue of capital gain tax.
Published 14 Apr, 2008 12:00am
Senate body opposes PSO sell-off

Senate body opposes PSO sell-off

The standing committee of the Senate on Petroleum and Natural Resources (MP&NR) has opposed Pakistan State Oil (PSO) sell-off and directed the government to revisit its decision of divesting this strategic asset.
Published 14 Apr, 2008 12:00am
Senate body opposes PSO sell-off

Senate body opposes PSO sell-off

The standing committee of the Senate on Petroleum and Natural Resources (MP&NR) has opposed Pakistan State Oil (PSO) sell-off and directed the government to revisit its decision of divesting this strategic asset.
Published 14 Apr, 2008 12:00am
Senate body opposes PSO sell-off

Senate body opposes PSO sell-off

The standing committee of the Senate on Petroleum and Natural Resources (MP&NR) has opposed Pakistan State Oil (PSO) sell-off and directed the government to revisit its decision of divesting this strategic asset.
Published 14 Apr, 2008 12:00am
Top customs officials refuse to work under PCA

Top customs officials refuse to work under PCA

The newly launched Post Clearance Audit (PCA) of importers at Karachi and Lahore has suffered a serious setback, when top customs officials have refused to work under PCA.
Published 14 Apr, 2008 12:00am
Top customs officials refuse to work under PCA

Top customs officials refuse to work under PCA

The newly launched Post Clearance Audit (PCA) of importers at Karachi and Lahore has suffered a serious setback, when top customs officials have refused to work under PCA.
Published 14 Apr, 2008 12:00am
Top customs officials refuse to work under PCA

Top customs officials refuse to work under PCA

The newly launched Post Clearance Audit (PCA) of importers at Karachi and Lahore has suffered a serious setback, when top customs officials have refused to work under PCA.
Published 14 Apr, 2008 12:00am
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