News
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Export refinance rate further cut by 0.5 percent
KARACHI (May 01 2003) : The State Bank of Pakistan on Wednesday further cut the rates of export refinance, by…
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Sales Tax defaulters disqualified for DTRE facility
ISLAMABAD (May 01 2003) : The Central Board of Revenue (CBR) has disqualified sales tax defaulters from duty-free import of…
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Accounting rulemakers tighten rules on derivatives
U.S. accounting rulemakers on Wednesday tightened existing rules on derivatives in an effort to help investors clearly identify when companies…
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Accounting Standards Copyrighted in US
An accounting industry association in the US met this week with the new federal oversight board to discuss whether the…
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State Bank governor sees no change in discount rate
KARACHI (April 30 2003) : State Bank of Pakistan Governor Dr Ishrat Husain said on Tuesday that he saw no…
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Revenue Board tells industries production data to be kept confidential
ISLAMABAD (April 30 2003) : Responding to the apprehensions of major industrial units on production data, the Central Board of…
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ICMAP – Announcement regarding exam of IM Audit/ MIS-I in Professional-IV
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has issued the following announcement regarding testing of IM Audit/…
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Central excise duty abolition on major items ruled out
ISLAMABAD (April 29 2003) : The tax managers have ruled out abolition of central excise duty (CED) on major revenue…
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PTCL profit records Rs 2.3 billion increase in nine months
KARACHI (April 29 2003) : Pakistan Telecommunication Company's net profit recorded a significant growth of nearly Rs 2.3 billion in…
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Muslim Commercial Bank profit almost doubles
KARACHI (April 29 2003) : The profit before tax of Muslim Commercial Bank was almost double in the first quarter…
