News
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RTO Islamabad asks banks to provide e-filed data of WHT deductions
ISLAMABAD (March 13 2009): Regional Tax office (RTO) Islamabad has directed certain commercial banks within the jurisdiction of federal capital…
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Kamran Shahzad Appointed Deputy Governor of SBP
KARACHI (March 13 2009): The federal government has appointed Muhammad Kamran Shehzad as Deputy Governor, State Bank of Pakistan with…
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ACCA Hosts Conference: Accountancy Creating Resilient Enterprises
(12 March 2009 – Karachi) ACCA Pakistan hosted SME Conference at a local hotel where ACCA launched its SME Policy…
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SBP announces new policy for banks overseas branch operations
KARACHI (March 07 2009): For commencement of overseas branch operations by banks, the State Bank of Pakistan (SBP) has set…
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ACCA sees global membership growth during 2008
The global membership of ACCA (the Association of Chartered Certified Accountants) grew by around 9,000 last year, making 2008 the…
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Insurance Companies to Recognise Impairment as of 31/12/08 for Dividend Distribution
KARACHI (February 20 2009): Insurance companies have been asked to recognise the impairment in valuation of investment as of December…
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ACCA to Launch Initiative Aimed at Enhancing Competitiveness of SMEs
An important part of ACCA’s institutional work towards public interest is to contribute to the growth of SMEs. ACCA has…
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SECP grants relaxation on accounting treatment for equity securities as required under IAS-39
ISLAMABAD (February 14 2009): The Securities and Exchange Commission of Pakistan (SECP) has granted relaxation in the accounting treatment for…
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SECP informs CCP it has authority to give exemptions and relaxations from IAS applicability
ISLAMABAD (February 13 2009): The Securities and Exchange Commission of Pakistan (SECP) has informed the Competition Commission of Pakistan (CCP)…
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CCP asks SECP not to issue directive on IAS-39 which would violate Competition Ordinance
ISLAMABAD (February 11 2009): The Competition Commission of Pakistan (CCP) has asked the Securities and Exchange Commission of Pakistan (SECP)…