News
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National Savings Schemes rate cut yet another stock market booster
KARACHI (January 06 2003) : The rate cut on National Savings Schemes by 160 to 200 basis points is likely…
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Indian FM asks chartered accountants to improve corporate governance
Indian finance minister Jaswant Singh has stressed upon the need to redefine the role of governance and regulators. He said…
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New plan to improve quality of auditing in the offing
ISLAMABAD: A new plan of financial auditing and reporting has been prepared to improve the quality of audit and enhance…
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ICMAP announces results of elections for 13th National Council
The Institute of Cost and Management Accountants of Pakistan (ICMAP) have announced the results of the elections held for the…
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Finance Ministry refuses to withdraw 23 percent advance income tax on electricity bills
ISLAMABAD (January 04 2003) : The Ministry of Finance (MoF) has refused to withdraw 23 percent advance income tax on…
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Revenue Board mulling CNG wastage revision
ISLAMABAD (January 04 2003) : The Central Board of Revenue (CBR) is seriously considering to revise the percentage of compressed…
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Banks to deduct EDS from export proceeds
ISLAMABAD, Jan 3: The Central Board of Revenue has decided to deduct export development surcharge (EDS) through the bank upon…
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Government amends sales tax refund rules to attract new exporters
ISLAMABAD (January 03 2003) : The government on Thursday announced three lucrative incentives to attract new commercial exporters, enhance scope…
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Customs asked to furnish imports, refunds details
ISLAMABAD (January 03 2003) : At the time when Central Board of Revenue (CBR) announced certain concessions to the commercial…
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Hubco not liable to taxation in Pakistan
KARACHI (January 03 2003) : Hub Power Company in a release issued on Thursday said that the company is not…
