News
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Deloitte decides one word will suffice
Deloitte Consulting and Deloitte Touche Tohmatsu have combined their operations into one business to be known simply as Deloitte, the…
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Revenue Board for penalty on NBP for illegal retention of tax
ISLAMABAD (October 10 2003): The Central Board of Revenue (CBR) has strongly recommended to the State Bank of Pakistan (SBP),…
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Revenue Board clarifies conditions for exemption
ISLAMABAD (October 10 2003): The Central Board of Revenue (CBR) has clearly defined the limitations of the welfare organisations/institutions for…
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Andersen lawyer tells appeals court that judge prevented fair trial
Former Big Five accountant Arthur Andersen LLP was denied a fair trial last year by a judge who undercut the…
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Issue of 15- and 20-year bonds allowed
KARACHI (October 08 2003): The government has amended Pakistan Investment Bonds Rules to allow issue of 15 and 20 years…
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Use of section 40-B of Sales Tax Act conditional: CBR
ISLAMABAD (October 08 2003): Putting aside severe resistance by industrial sectors on section 40-B of Sales Tax Act, 1990, the…
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Revenue Board analysing result of end to 'further tax' exemption
ISLAMABAD (October 08 2003): As the exemption of 'further tax' on supply of spun yarn expired on September 1, 2003,…
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ICAP – Last date of form submission for Winter 2003 Professional exams
Monday October 13, 2002, is the last day for submission of Winter 2003 Professional/ Final Examination forms. After that date,…
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SECP chief to focus on three key reform areas
ISLAMABAD (October 08 2003): Demutualisation, insider trading and restricting market manipulations would be the three key capital market reform areas…
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Duty drawback on matchboxes reduced
ISLAMABAD (October 07 2003): The Central Board of Revenue (CBR) has reduced duty drawback on export of match boxes from…