News
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ICMAP – New nomenclature for academic sessions announced
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has announced a new nomenclature for its academic sessions through…
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CED on juices and squashes not to be abolished
ISLAMABAD (June 02 2003) : The government has dropped a budget proposal to abolish central excise duty (CED) on juices/squashes.…
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ICMAP – Structure of MSA Prof-I paper
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has issued the following release regarding the structure of Management…
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Ernst & Young System Criticized
A push by staff members at the Securities and Exchange Commission in USA to temporarily ban Ernst & Young from…
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IFAC issues guidelines regarding working in IT environment
International Federation of Accountants (IFAC) has released guidelines to assist accounting bodies in preparing professional accountants to work in information…
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Textile-specific safeguard rules announced
KARACHI (May 31 2003) : The Committee for the Implementation of Textile Agreements (CITA) has announced the final rules for…
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'Disputed tax' payment for appeal filing to be abolished
ISLAMABAD (May 31 2003) : The government has decided to abolish the condition of 'disputed tax' payment at the time…
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SECP not to issue guidelines to NBFIs for NPLs write-off
KARACHI (May 31 2003) : The Securities and Exchange Commission of Pakistan (SECP) has decided not to issue any guidelines…
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CBR devises uniform system of income tax and sales tax jurisdiction for companies
ISLAMABAD (May 31 2003) : To make things easy for the public limited companies, the Central Board of Revenue (CBR)…
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Sanctions sought for Ernst & Young
Ernst & Young, one of the world’s largest auditing firms, faces a six-month ban from taking on new public company…
