News
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D-day for Equitable in auditor fight
Troubled insurer Equitable Life is to learn if it can go ahead with a £2.6 billion legal claim against its…
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Auditors to win fight for limit on losses
Plans to cap the legal liabilities of big accounting firms when one of their audit clients goes bust are expected…
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Revenue Board not to ban filament yarn import under DTRE scheme
ISLAMABAD (February 10 2003) : To discourage sale of low-quality filament yarn at inflated rates in the local market, the…
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PCMA urges end to hurdles in duty and tax remission for export rules implementation
KARACHI (February 09 2003) : The Pakistan Cloth Merchants' Association (PCMA) has demanded immediate removal of anomalies in the implementation…
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Central Board of Revenue carving out strategy to broaden tax net
KARACHI (February 09 2003) : The Central Board of Revenue (CBR), which is incurring Rs 6 billion deficit in the…
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Pak Suzuki Motors asked to ensure timely delivery, cut in prices
KARACHI (February 09 2003) : The Federal Minister for Industries and Production, Liaquat Ali Khan Jatoi, has asked the management…
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Pakistan's textile exports register 19.2 percent rise in seven months
ISLAMABAD (February 09 2003) : Pakistan textile exports have increased by 19.2 percent to $ 3.922 billion during the first…
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Adjustment in textile categories 6, 9, 20 allowed: EU rejects Pakistan request for exceptional quota
KARACHI (February 09 2003) : The European Union (EU) has allowed adjustment in textile quota category 6, 9, and 20…
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Auditors to probe books for Somalia peace talks
Auditors are investigating the accounts of Somalia peace talks following allegations of embezzlement. Millions of shillings donors gave for the…
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Accounting firm PWC on Tyco hotseat
PricewaterhouseCoopers, the world's biggest accounting firm, knew about most of the transactions at Tyco that have been branded as crimes…
