News
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Panel set up to resolve sales tax disputes
ISLAMABAD (March 26 2003) : The Central Board of Revenue (CBR) has constituted an 11-member panel, including chartered accountants, businessmen,…
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State Bank issues 'Master Circular' to work out bank's minimum capital
KARACHI (March 26 2003) : The State Bank of Pakistan on Tuesday issued a 'master circular' for the banks regarding…
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Deloitte opts for limited liability
Deloitte & Touche yesterday became the last of the Big Four accounting firms to say it would adopt limited liability…
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KPMG celebrates 30th year in UAE
KPMG which started its UAE operations with a small office in Dubai in 1973 has grown in a big way…
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Large Taxpayer Unit to cover textile sector and high-profile entrepreneurs
ISLAMABAD (March 25 2003) : As the International Monetary Fund (IMF) has recommended to the Central Board of Revenue (CBR)…
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Two percent surcharge on imports cleared up to March 31 waived
ISLAMABAD (March 25 2003) : To facilitate the importers, the Central Board of Revenue (CBR) has waived-off two percent penal…
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SECP assigned task of regulating Private Pension Schemes and Funds
KARACHI (March 25 2003) : The government has decided to assign the responsibility of regulation of Private Pension Schemes and…
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State Bank dollar buying triples in six months
KARACHI (March 24 2003) : The State Bank of Pakistan (SBP) buying of dollars from banks was almost tripled in…
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Revenue Board devising new system for income tax returns under SAS
ISLAMABAD (March 24 2003) : Under the guidelines of International Monetary Fund (IMF), the Central Board of Revenue (CBR) is…
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Duty drawback facility given to cosmetics units
ISLAMABAD (March 22 2003) : The Central Board of Revenue (CBR) has given duty drawback facility to the cosmetics units…