News
-
New accounting rule to add US$5b to Citigroup assets
Citigroup Inc, the world's largest financial services company, yesterday said a new accounting rule for variable interest entities (VIEs) will…
-
Oilseeds imports decline on levy of 20 percent sales tax
KARACHI (August 05 2003) : The volume of import of edible oilseeds has declined considerably after the government imposed 20…
-
Banks advised to settle write-off cases by end-August
KARACHI (August 05 2003) : State Bank of Pakistan Monday directed all the banks and Development Finance Institutions (DFIs) to…
-
Central Depository Company slashes tariff by 10 percent
KARACHI (August 05 2003) : Living up to its image, the CDC has yet again slashed its tariff with effect…
-
Lahore Stock Exchange suspends trading in shares of 15 companies
LAHORE (August 05 2003) : The Governing Board of Directors of the Lahore Stock Exchange (LSE), in its meeting held…
-
Ernst & Young chief urges EU and US regulators to end dispute
A leading accountant has urged US and European regulators to patch up their differences and give clear guidance to auditors…
-
Faysal Bank's H1 profits almost tripled
KARACHI (August 04 2003) : Faysal Bank Ltd witnessed a robust growth in the six months ended on June 30,…
-
CBR to set up 'Customs and Tax Fraud Division'
ISLAMABAD (August 04 2003) : To combat international crimes, like institutionalised tax evasion and smuggling, the Central Board of Revenue…
-
PwC Consulting Settles Lawsuit Over Staff Bonuses
When Megan Secrest graduated from Penn State in 2001, she moved to Washington, D.C., with plans to work at PricewaterhouseCoopers…
-
Revenue Board members to be reduced to six or seven
ISLAMABAD (August 02 2003) : On the recommendations of Pakistani tax consultants Maxwell Stamps and International Monetary Fund (IMF), the…
