News
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IASB issues revised standards 32 and 39 focussing on Financial Instruments
The International Accounting Standards Board (IASB) has issued revised versions of its two Standards dealing with financial instruments. IAS 32…
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IASB issues 13 revised accounting standards and withdraws IAS 15
The International Accounting Standards Board (IASB) has published 13 revised International Accounting Standards (IASs) and gave notice of the withdrawal…
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Zero-rated duty notified on import of wheat
ISLAMABAD (December 17 2003): Following the decision of Economic Co-ordination Committee (ECC) of the Cabinet, the Central Board of Revenue…
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Habib Bank auction on December 29, bidders told
ISLAMABAD (December 16 2003): The Privatisation Commission (PC) has formally informed the three pre-qualified bidders that the bidding for acquisition…
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Rs 10,000 refund claims to be paid quickly
ISLAMABAD (December 14 2003): In a major move to facilitate small taxpayers, particularly salaried class, the Central Board of Revenue…
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Revenue Board forms steering group to oversee reform process
ISLAMABAD (December 14 2003): The Central Board of Revenue (CBR) has constituted a high powered Steering Group to oversee the…
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Body to complete demutualisation by mid next year: SECP to hire international and local experts
KARACHI (December 15 2003): Dr Tariq Hassan, Chairman, Securities and Exchange Commission of Pakistan (SECP), has said that regulatory plans…
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Pakistan to co-operate in Islamic banking with Bahrain
KARACHI (December 13 2003): Pakistan and Bahrain will co-operate in Islamic banking and finance along with other financial sectors. The…
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SECP chief calls for sound and adequate reinsurance
KARACHI (December 13 2003): Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Tariq Hassan has identified that sound reinsurance…
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CBR clarification about new sales tax return form
ISLAMABAD (December 13 2003): Facilitating the business community, the Central Board of Revenue (CBR) has said that taxpayers who already…
