News
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Hubco posts Rs 2.880 billion profit in six months
KARACHI (February 07 2003) : Hub Power Co, on Thursday announced the financial results for the six months ended December…
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One Equity buys PwC unit
One Equity Partners, the Chicago-based private equity unit of Bank One, said Thursday, Feb. 6, that it has acquired beTRUSTed,…
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Ernst & Young Survey Finds No Let-up In Fraud Levels
Mumbai, February 6: Ernst & Young’s (E&Y) global survey titled “Fraud, the Unmanaged Risk” has revealed that there has been…
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Custom agents depositing sales tax below minimum to be audited
ISLAMABAD (February 07 2003) : The Central Board of Revenue (CBR) has decided to conduct audit of all those custom…
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Duty-free import under SRO 410 may go soon
ISLAMABAD (February 07 2003) : As the Central Board of Revenue (CBR) has given final touches to the amendments in…
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State Bank in talks with foreign exchange dealers on derivatives trading
KARACHI (February 06 2003) : The State Bank of Pakistan has been holding a dialogue with foreign exchange traders to…
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CBR issues new guidelines for processing SAS 'total audit' cases
ISLAMABAD (February 06 2003) : The Central Board of Revenue (CBR) has issued new instructions to all Regional Commissioners of…
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EPB announces standard operating procedure for audit memos' resolution
KARACHI (February 06 2003) : The Export Promotion Bureau (EPB) has announced a standard operating procedure (SOP) for resolution of…
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Pakistan Petroleum Limited awards civil work contract in Adhi Field to MEC Engineering
LAHORE (February 06 2003) : Pakistan Petroleum Limited (PPL) has awarded Rs 10.6 million contract to a local firm, MEC…
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Accounting rule targets goodwill
Companies that got caught up in the takeover frenzy at the end of the bull market could be about to…