News
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Sales tax officials misusing Section 38
ISLAMABAD (August 30 2003) : By misusing Section 38 of the Sales Tax Act, 1990, the sales tax officials conduct…
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PwC India Sells Off Banking BPO Business To iSmart
PricewaterhouseCoopers (PwC) India, the audit and business advisory firm, has sold its banking business process outsourcing (BPO) business following PwC…
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Costly u-turn for Deloitte Consulting
Accounting giant Deloitte is folding its consulting arm back into the main firm after spending US$20 million rebranding it as…
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Recovery drive initiated against 500 short-filers
ISLAMABAD (August 29 2003) : In a bid to increase GST collection, the Central Board of Revenue (CBR) has initiated…
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NAB and SECP to take action against illegal foreign exchange companies
ISLAMABAD (August 29 2003) : National Accountability Bureau and Securities and Exchange Commission of Pakistan have agreed to work in…
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Ascertaining of S. Tax payment: CAA asked to submit details on supplies received in last two years
ISLAMABAD (August 30 2003) : The Central Board of Revenue (CBR) has directed the Civil Aviation Authority (CAA), Karachi to…
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Revenue Board takes steps to stop drugs smuggling
ISLAMABAD (August 31 2003) : As a part of ongoing drive against drug pushers, the Central Board of Revenue (CBR)…
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Sales tax amnesty scheme jurisdiction extended
ISLAMABAD (August 28 2003) : Extending the jurisdiction of sales tax amnesty scheme SRO 500(I)/2003 to services providers in all…
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Pakistan International Airlines profit up 36 percent in six months
KARACHI (August 28 2003) : The Pakistan International Airlines Corporation (PIAC) said the profit of the state-run national carrier rose…
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CITs can tax hidden assets of five past years, not beyond
ISLAMABAD (August 28 2003) : Endorsing a major decision of Finance Minster Shaukat Aziz, the Central Board of Revenue (CBR)…
