News
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Cut-off yield on six-month treasury bills reduced further
KARACHI (January 09 2003) : The cut-off yield on 6-month Treasury Bills has been further reduced by 50 basis points,…
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National Bank restructures Rs 2 billion syndicated loan for Hubco
KARACHI (January 09 2003) : National Bank of Pakistan on Wednesday restructured the interest rate on the syndicated loan of…
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KPMG Holds Industry Accountable
NEW YORK – Looking to restore some credibility to an industry tarnished by various scandals, accounting firm KPMG today launched…
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Andersen site home to new board
A new U.S. board set up to police corporate auditors after a wave of book-cooking scandals is opening headquarters in…
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Ernst & Young comes out fighting
Ernst & Young yesterday sought to forestall a £2.6bn legal battle with Equitable Life that could bankrupt the accountancy firm.…
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Three Accounting Firms Named “Best Companies” by Fortune
Despite new challenges and rocky roads this past year, three accounting firms are recognized in Fortune magazine's “Best Companies to…
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Revenue Board defers decision on one percent surcharge waiver
ISLAMABAD (January 07 2003) : In addition to the extension in the SRO 410(I)/2001, the Ministry of Commerce has placed…
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Pakistan's exports depict 16.6 percent increase in July-December
ISLAMABAD (January 07 2003) : Pakistan's exports increased by 16.6 percent, to $ 5.197 billion, during the first half (July-December)…
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Consultants advise CBR to remove third schedule of Sales Tax Act
ISLAMABAD (January 06 2003) : The Central Board of Revenue (CBR) tax consultants, Maxwell Stamps, have strongly recommended to abolish…
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Finance adviser asks information technology firms to start utility services
KARACHI (January 06 2003) : The Adviser to the Prime Minister on Finance and Economic Affairs, Shaukat Aziz, has urged…
