News
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Custom clearance pilot project: CBR asked to include detailed changes by July
ISLAMABAD (March 17 2003) : The International Monetary Fund (IMF) has asked the Central Board of Revenue (CBR) to incorporate…
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Investors bombard FASB with mail over options
Until recently, few small investors knew much about — let alone spent time writing to — the group that sets…
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ICMAP – Business Taxation (P-II) revised syllabus approved
The Institute of Cost and Management Accountants of Pakistan (ICMAP) have issued this press release regarding the syllabus of Business…
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MCB writes-off loans of Rs 1.52 billion of 69 companies
KARACHI (March 16 2003) : The Muslim Commercial Bank (MCB) has written off loans and provided relief amounting to Rs…
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Two more companies get foreign exchange licences
KARACHI (March 16 2003) : The State Bank on Saturday has awarded two more licences for opening of foreign exchange…
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Taking out currencies to Dubai: SBP refuses time extension to money changers
KARACHI (March 16 2003) : The State Bank has refused money changers' request to extend the deadline for carrying currencies…
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KPMG employees in South African court on fraud charges
Two employees of auditing firm KPMG appeared in the Durban Magistrate's Court on charges of fraud totalling R18-million.
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Corporate sector assessees: Revenue Board compiling data to detect variation in income tax payments
ISLAMABAD (March 14 2003) : The Central Board of Revenue (CBR) is collecting information pertaining to income tax deposited by…
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Government urged to revise drawback rates on polyester products
LAHORE (March 14 2003) : All Pakistan Textile Mills Association (Aptma) has demanded of the government to immediately announce revised…
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Karachi large taxpayer unit told to ensure over Rs 36 billion sales tax recovery
ISLAMABAD (March 14 2003) : Taking serious note of less sales tax collection by Large Taxpayer Unit (LTU), Karachi, as…
