News
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Parmalat unit fires Grant Thornton
Parmalat Spa, a unit of the bankrupt Italian food and dairy group Parmalat will dismiss auditors Grant Thornton, Parmalat said…
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CBR gives conditional relief to jewellers
ISLAMABAD (January 08 2004): To encourage jewellers community to pay general sales tax (GST), the Central Board of Revenue (CBR)…
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Revenue Board and steel melters reach consensus on sales tax
ISLAMABAD (January 08 2004): The Central Board of Revenue (CBR) and steel melters reached consensus on benchmarks for levying fixed…
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State Bank governor advises textile sector to raise production
KARACHI (January 07 2004): State Bank Governor Dr Ishrat Hussain has advised the textile manufacturers and exporters to raise productivity…
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Duty and taxes assessment procedure being revised: vehicle freight rates fixed in dollars
ISLAMABAD (January 07 2004): The government has decided to revise the procedure for calculation of custom duty, sales tax and…
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Maxwell Stamps advises CBR to set up Programme Co-ordination Unit
ISLAMABAD (January 06 2004): Tax consultant Maxwell Stamps has proposed to the Central Board of Revenue (CBR) to set up…
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Grant Thornton US arm distances itself from Italy
Grant Thornton's key US unit has said it started reaching out to clients and employees in a bid to distance…
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Grant Thornton CEO sees damage from Parmalat
The global name of accountancy firm Grant Thornton International had been damaged by the Parmalat accounting scandal, Chief Executive David…
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Sales tax refund rules 2004 devised
ISLAMABAD (January 05 2004): The Central Board of Revenue (CBR) has devised new 'sales tax refund rules 2004' based on…
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Individual availing DTRE reliefs can operate under GST regime
ISLAMABAD (January 02 2004): The Central Board of Revenue (CBR) has conveyed to the exporters that a person availing of…