News
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Income Tax Ordinance section 153 not applicable on ICI
ISLAMABAD (May 11 2003) : The Central Board of Revenue (CBR) has announced that the provision of section 153 (payment…
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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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State Bank extends date for banks, DFIs credit rating
KARACHI (May 10 2003) : The State Bank of Pakistan on Friday extended the date for mandatory credit ratings for…
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Rs 7 billion debt may hamper Karachi Electric Supply Corporation privatisation
ISLAMABAD (May 10 2003) : The inter-circular debt of over Rs 7 billion may adversely affect the government plan meant…
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SBP issues new Master Circular for banks, DFIs cash reserve requirement
KARACHI (May 10 2003) : In order to facilitate banks to ensure meticulous compliance in respect of Cash Reserve Requirement…
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XBRL Top Tech Trend, Says PwC Forecast
PricewaterhouseCoopers' new Technology Forecast identifies technology trends that help companies achieve greater transparency and accountability. This year's forecast details how…
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Qasim International Container Terminal raises import handling charges
KARACHI (May 09 2003) : The Qasim International Container Terminal (QICT) has raised charges of handling imports by about six…
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Pakistan Steel to offload 10 percent shares through Karachi Stock Exchange
KARACHI (May 09 2003) : Pakistan Steel will offload its 10 percent shares through the Karachi Stock Exchange by the…
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Revenue Board removes anomalies in DTRE rules
LAHORE (May 09 2003) : The Central Board of Revenue (CBR) while accepting the demands of Pakistan Hosiery Manufacturers Association…
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Lawmakers, CEOS criticize FASB for options move
It was billed as a round table, but seemed more like a boxing ring Thursday as lawmakers and CEOS rained…
