News
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SECP's annual report released, future agenda explained
ISLAMABAD (January 29 2003) : After going through three years of tough reforms the future agenda of the Securities and…
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CBR consultants recommend amendments in sales tax law
ISLAMABAD (January 29 2003) : Maxwell Stamps, tax consultants of Central Board of Revenue (CBR), have recommended ten comprehensive amendments…
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Tax anomaly forces closure of 16 ghee and oil units
ISLAMABAD (January 29 2003) : The anomaly in taxes has resulted in closing down of 16 ghee and cooking oil…
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Pakistan State Oil sale pre-bid moot put off to February 19
KARACHI (January 29 2003) : The second pre-bid meeting to sell 51 percent shares in Pakistan State Oil has now…
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Accountancy reform 'does not add up'
Government plans to reform regulation of the accounting profession in the wake of Enron-style conflicts of interest were attacked last…
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Accountants seek to stay glamorous in UK
The government will give the accountancy profession a generally clean bill of health today after a year-long investigation. It has…
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Two private airlines to start domestic operations
ISLAMABAD (January 28 2003) : Two new private Pakistan airlines were due to start domestic operations following a rise in…
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Relief to commercial exporters promised: CBR agrees to extend SRO 575 date to June 30
FAISALABAD (January 28 2003) : The Central Board of Revenue (CBR) has agreed to further amend SRO-575(1)12002 allowing refund claims…
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E & Y: “The worst is yet to come”
Accountancy giant Ernst & Young cast more gloom on the state of the economy yesterday as it said profit warnings…
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U.S. accounting rules could hurt earnings and more
NEW YORK, Jan 27 (Reuters) – New rules designed to prevent Enron-esque shenanigans might force companies to shift billions in…
