News
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National Bank AGM okays Rs 6.045 billion pre-tax profit for 2002
KARACHI (May 14 2003) : National Bank of Pakistan (NBP) President Ali Raza said about Rs 150 billion were not…
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Federation Chambers to approach president, premier for amendment in FTO Ordinance
KARACHI (May 13 2003) : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to approach President…
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Duty drawback rates on PVC, shaving blades revised
ISLAMABAD (May 13 2003) : The Central Board of Revenue (CBR) has revised duty drawback rates on export of several…
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CBR allows payment against supply in kind by transferring landed property
KARACHI (May 13 2003) : The Central Board of Revenue (CBR) has ruled that payment against any supply can be…
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FIA meeting hurdles in getting 114 Custom files
ISLAMABAD (May 12 2003) : The Central Board of Revenue (CBR) is reluctant to hand over, to the Federal Investigation…
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Cement industry registers 20 percent sales growth
KARACHI (May 12 2003) : Cement sector has achieved record sales during the first nine months of this fiscal year,…
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State Bank drafts proposals for bonds issues
KARACHI (May 12 2003) : The State Bank of Pakistan (SBP) has prepared draft proposals for commercial papers with which,…
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IFAC Releases New IT Guidance for SMPs and SMEs
The International Federation of Accountants (IFAC) has released two new guidance documents to assist small and medium accounting practices (SMPs)…
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Are IASB and FASB Converging on Derivatives?
Although everybody involved in contemporary discussions of accounting standards claims to want convergence, and the idea of a single universal…
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Budget proposals: Sialkot Chamber demands sales tax exemption for all exporting units
SIALKOT (May 11 2003) : The Sialkot Chamber of Commerce and Industry (SCCI) has submitted its proposals for country's budget…
