News
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Traders allowed not to fill tax return forms with oath and details
RAWALPINDI (September 05 2003) : The Central Board of Revenue (CBR) has decided to accept the tax return forms without…
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Ship-breaking and ghee industry tax relief to have minimal revenue impact
ISLAMABAD (September 04 2003) : As the tax relief measures extended to ship-breaking/ghee, cooking oil industries and the general public…
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Several information technologies development projects approved
ISLAMABAD (September 04 2003) : Ministerial review committee chaired by Federal Information Technology Minister Awais Ahmad Khan Leghari has approved…
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Illegal forex trade: SBP, SECP task force to work out strategy
LAHORE, Sept 3: The central bank and the Securities & Exchange Commission of Pakistan (SECP), the two federal regulators of…
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Revenue Board fails to notify drawback rates
ISLAMABAD (September 02 2003) : While the Ministry of Commerce is planning to achieve $ 12.1 billion export target for…
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Banks asked to publish un-audited statements on quarterly basis
KARACHI (September 02 2003) : The State Bank of Pakistan (SBP) directed all the banks to publish and circulate un-audited…
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Accountants questioned for questioning accounting
Here's something you haven't heard much of: accountants getting fired for just doing their job. That's right, getting shown the…
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ICAP – Autumn 2003 Foundation / Intermediate exams start
The Autumn 2003 Foundation and Intermediate level examinations of Institute of Chartered Accountants of Pakistan (ICAP) commenced on Monday, September…
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Withholding tax on scrap ship import reduced to three percent
ISLAMABAD (August 31 2003) : The government has slashed withholding tax, from 6 percent to 3 percent, on the import…
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ECC okays cut in withholding tax, customs duty and sales tax on 13 items
ISLAMABAD (August 30 2003) : The Economic Co-ordination Committee of the Cabinet (ECC) on Friday approved reduction in withholding tax,…