News
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PwC revamps auditing practice
PricewaterhouseCoopers (PwC) is restructuring its auditing practice in India. The revamp will be steered by Rathin Datta, who took over…
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ICAP – Last date of form submission for Summer 2003 exams
Monday April 14, 2002, is the last day for submission of Winter 2002 Professional Examination forms. After that date, forms…
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No plan to levy 15 percent general sales tax on food items: CBR
ISLAMABAD (April 11 2003) : The Central Board of Revenue (CBR) is not considering any proposal to do away with…
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Export Promotion Bureau to be split into two entities
KARACHI (April 11 2003) : Federal Commerce Minister Humayun Akhtar Khan has said that the government will promote issuance of…
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Turnover tax on some foreign firms may go
ISLAMABAD, April 9: The government is considering to remove 0.5 per cent turnover tax on some foreign companies to help…
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Tax ombudsman decides unique case against CBR officials' excesses
ISLAMABAD (April 09 2003) : Though bribery is rampant in CBR's hierarchy but very few cases come to the Federal…
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Pakistan now investor-friendly country: Hubco chief
KARACHI (April 09 2003) : The Chief Executive of Hubco Power Company, Vince Harris, has said that at present Pakistan…
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NBP's pre-tax earning over Rs 6 billion highest-ever in financial sector
KARACHI (April 09 2003) : The National Bank of Pakistan has registered the highest ever earning for any financial institution…
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ACCA breaks new ground with IFRS accounts
ACCA (the Association of Chartered Certified Accountants) has become the first professional accountancy body in the UK to prepare its…
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ICAP – New NBFC Rules to be included from Winter 2003 exams
The Institute of Chartered Accountants of Pakistan (ICAP) has issued the following statement regarding the newly issued Non-Banking Finance Companies…