'National Assembly body to advise removal of CVT and dividend'
The National Assembly standing committee on finance and revenue would recommend the government to withdraw CVT on trading of shares, and taxation on dividends, to boost the investor confidence. This was stated by Fauzia Wahab, chairperson of NA standing committee on finance and revenue while talking to media persons during her visit to Karachi Stock Exchange (KSE) here on Wednesday more... (BR)
Payment to PSO, refineries: Finance declines to release Rs 30 billion
The Finance Ministry has expressed inability to provide Rs 30 billion to Pakistan State Oil (PSO) and the oil refineries despite persistent efforts in this regard by the Advisor to Prime Minister on Petroleum, Dr Asim Hussain, sources told Business Recorder more...
Engro, FFC, FFBL profits hop 24pc in CY08M Yasir Yousuf
Profitability of 3 fertiliser sector giants namely Engro, FFC and FFBL swelled by 24 per cent to Rs13.7 billion in the year 2008 as compared to Rs11.0 billion in the year 2007. Engro was the leading performer as it registered a growth of 34 per cent followed by FFC with 22 per cent while FFBL grew by 14 per cent more... (FD)