News
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CBR starts probe against units with low value-addition
ISLAMABAD (December 13 2003): The Central Board of Revenue (CBR) has launched a countrywide investigation drive against manufacturers showing less…
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State Bank clarification about Non-performing Loans (NPLs)
KARACHI (December 13 2003): The State Bank on Friday sent clarification regarding the write-offs of irrecoverable loans and advances to…
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KPMG 'obstructed US tax inquiry'
The US Justice Department has accused accountancy firm KPMG of obstructing an investigation into tax shelters. According to a court…
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Three percent extra GST no longer adjustable
KARACHI (December 12 2003): The Central Board of Revenue (CBR), through an SRO, has made payment of three percent further…
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New sales tax refund rules under preparation
KARACHI (December 12 2003): New Sales Tax refund rules are under preparation and would be presented soon to the FPCCI…
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Companies asked to raise their buy-back offers
KARACHI (December 12 2003): The Karachi Stock Exchange (KSE) has asked number of companies to raise their buy-back offers in…
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DTRE scheme issues clarified
ISLAMABAD (December 11 2003): To facilitate the exporters, the Central Board of Revenue (CBR) has clarified various issues relating to…
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XBRL The Next Key Technology: PwC
Consulting major PricewaterhouseCoopers (PwC) is betting on eXtensible Business Reporting Language (XBRL) as one of the key technologies to be…
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ICAP issues clarification regarding ISE's ruling
The Institute of Chartered Accountants of Pakistan (ICAP) has issued this press release regarding Islamabad Stock Exchange's decision regarding mandatory…
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Revenue Board working termed hurdle in attracting investment
ISLAMABAD (December 10 2003): Privatisation and Investment Minister Dr Abdul Hafeez Shaikh on Tuesday conceded that Central Board of Revenue…
