News
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Finance directive set aside: Wapda again asks government to collect taxes through Revenue Board
ISLAMABAD (January 16 2003) : Setting aside Finance Ministry's directives, Wapda once again has asked the government to collect taxes…
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Euro emerging as a stronger currency
KARACHI (January 16 2003) : Several dollar holders, under the prevailing circumstances, are preferring to transfer euro from the US…
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E&Y unveils PayIndex product for corporates
Global consultancy major — Ernst & Young (E&Y) today announced the availability of its online compensation survey tool for Indian…
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Accounting Rules in USA Changed to Bar Tactics Used by Enron
The nation's accounting rule makers took steps yesterday intended to make it harder for companies to hide debts and assets…
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International Auditing and Assurance Standards Board Seeks Comments on Audit Risk Guidance
Contributing to the improvement of audit quality worldwide, the International Federation of Accountant's (IFAC) International Auditing and Assurance Standards Board…
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Pakistan's exports seen crossing $10 billion mark
KARACHI (January 15 2003) : The cotton trio – production, consumption and exports – is all performing well to attain…
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Millions of rupees refunds overpaid by income tax officials
ISLAMABAD (January 15 2003) : The inadmissible payment of income tax refund to certain units of Corporate Region Karachi deprived…
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Collectors asked to charge 20 percent general sales tax on coconut oil
ISLAMABAD (January 15 2003) : Rejecting 15 percent GST on the clearance of coconut oil, the Central Board of Revenue…
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Revenue Board may extend tax payment period to 180 days
KARACHI (January 15 2003) : The Chairman, Central Board of Revenue (CBR), Riaz Ahmed Malik, has assured the business community…
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Securities Exchange Commission to develop 'Corporate Governance Index'
KARACHI (January 15 2003) : Sadia Khan, Commissioner at Securities Exchange Commission of Pakistan (SECP), dispelling the future agenda, said,…
