The board of directors of Atlas Asset Management Limited, an Atlas Group company,
approved third quarter pay-outs (ended March 31, 2011) for its funds.
For Atlas Money Market Fund the board approved a third interim bonus of Rs14 per unit (2.8 per cent on
face value of Rs500 per unit; for Atlas Income Fund a second interim bonus of Rs12 per unit (2.4 per cent
on face value of Rs500 per unit); and for Atlas Islamic Income Fund a third interim bonus of Rs12 per unit
(2.4 per cent on face value of Rs500 per unit), says a press release.
ST refunds paid in 2004: FBR seeks record from exporters:
KARACHI, April 8: The Federal Board of Revenue (FBR) has served notices on a large number of
exporters-cum-manufacturers seeking records of sales tax refund payments made several years ago.
Though the law has a provision of only keeping records for a period of five years, the FBR has served these
notices under clause 36 of Sales Tax Rules, 2006 for refund claims paid back in 2004.
