News
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Revenue Board to extend case decision time limits only in exceptional terms
ISLAMABAD (April 06 2003) : Terming the existing time limits for finalisation of tax appeals as sufficient, tax authorities have…
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SBP issues fit and proper test guidelines to banks, DFIs for appointment of key executives
KARACHI (April 06 2003) : The State Bank on Saturday further enlarged the scope of good governance, and decided that…
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Adamjee Insurance Rs 219 million profit figure surprises analysts, traders
KARACHI (April 05 2003) : Profit figure of Adamjee Insurance Co surprised every analyst and trader as it reached Rs…
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15 percent GST on professionals unlikely in next budget
ISLAMABAD (April 05 2003) : The International Monetary Fund (IMF) proposal to slap 15 percent general sales tax (GST) on…
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IMF criteria for quality service to taxpayers
ISLAMABAD (April 05 2003) : Proposing quality service for at least 50,000 taxpayers in each Medium Taxpayer Unit (MTU), the…
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Government collecting Rs 16.20 per litre on motor gasoline
ISLAMABAD (April 04 2003) : The federal government is collecting Rs 16.20 per litre in lieu of different levies on…
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Taxation policy defended: CBR chief stresses need for applying fiscal laws correctly
KARACHI (April 04 2003) : The Chairman, Central Board of Revenue (CBR), Riaz Ahmad Malik, while defending the present taxation…
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Rs 2.1 billion profit in 2002: PIAC board okays annual accounts
LAHORE (April 04 2003) : The 270th meeting of the PIAC board of directors, held here on Thursday with PIAC…
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Intel plans to change its auditors regularly
Intel is inviting the big four accounting companies to bid for its audit operations, as it plans to change its…
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Deloitte Consulting CEO to quit
Deloitte Consulting, the consulting arm of accounting firm Deloitte Touche Tohmatsu, said on Thursday its chief executive, Douglas McCracken, would…
