News
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AICPA/ACFE Team on Fraud Prevention & Detection Course
As part of the American Institute of CPAs’ crusade to combat fraud, the AICPA and the Association of Certified Fraud…
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Move to tighten accounting rules
The Accounting Standards Board (ASB) in Britain has tightened the rules on how companies record revenues in their accounts. The…
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Date for claiming sales tax refund extended
ISLAMABAD (February 27 2003) : To speed up the payment of sales tax refund to the commercial exporters, the Central…
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Customs Self-Assessment pilot project from next fiscal year
ISLAMABAD (February 27 2003) : To provide unhindered Customs clearance to the importers within 24 hours, the Central Board of…
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SNGPL, SSGC and FFC-Jordan declare profits
KARACHI (February 27 2003) : Sui Northern Gas Co, Sui Southern Gas Co, and FFC-Jordan registered profits in the six…
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Reckitt Benckiser's profits in 2002 almost double
KARACHI (February 27 2003) : Profits of Reckitt Benckiser Pakistan for the year ended December 31, 2002 was nearly doubled…
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Governemnt expects to raise $550-$750m from PSO sale
ISLAMABAD: The Pakistan government is expected to raise $550 million to $750 million from the sale of its 51 percent…
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PICIC-PCB merger not shelved
KARACHI (February 26 2003) : The merger of Pakistan Industrial & Investment Corporation Limited (Picic) with the Picic Commercial Bank…
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APTMA demand for duty exemption on machinery rejected
ISLAMABAD (February 26 2003) : Wrecking all expectations of the All Pakistan Textile Mills Association (Aptma), the Central Board of…
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Export Promotion Bureau warns textile bodies
KARACHI (February 26 2003) : The Export Promotion Bureau (EPB) has warned the textile associations against repeated violations of the…