Daily Archives: March 13, 2017
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued formal authorization to Habib Metropolitan Modaraba Management Company (Private) Limited (HMMMCPL), a wholly owned subsidiary company of Habib Metropolitan Bank Limited (HMBL), to float another modaraba of Rs300 million under the name of “Habib Metro Modaraba.”
ISLAMABAD: Pakistan’s trade deficit has sharply widened by 34.33 percent to $20.2 billion during first eight months of current fiscal year 2016/2017 as compared with $15.04 billion in the corresponding period of the last fiscal year, according to data issued by Pakistan Bureau of Statistics (PBS) on Monday.
KARACHI: Model Customs Collectorate (MCC) Appraisement West has issued instructions regarding unnecessary marking of examination and calling documents at assessment stage.
KARACHI: State Bank of Pakistan (SBP) has advised banks to set up in-house price valuation of foreign goods in order to minimize money laundering through banking channels.
KARACHI: About 15,738 taxpayers have filed their income tax returns for tax year 2016 during past week in order to avoid automatic selection of audit besides fine and penalties.