News
-
SBP develops new guidelines for loan write-off
LAHORE (January 03 2003) : State Bank of Pakistan (SBP) has developed a new set of guidelines in consultation with…
-
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…
-
Non-compliance of minimum paid-up capital: 12 insurance companies stopped from further business
KARACHI (January 02 2003) : The Securities and Exchange Commission of Pakistan (SECP) has directed 12 insurance companies to cease…
-
Subsidiaries allowed for Islamic banking
KARACHI (January 02 2003) : The State Bank of Pakistan on Wednesday authorised the commercial banks to set up subsidiaries…
-
CBR to conduct 'desk audit' of taxpayers
ISLAMABAD (January 02 2003) : While terming the performance of sales tax auditors as below standard, the Central Board of…
-
New Jubilee Insurance acquires Commercial Union in Pakistan's general insurance business
KARACHI (January 02 2003) : The New Jubilee Insurance Co has acquired the general insurance business of Commercial Union in…
-
Plan for pensioners soon: profit rates on savings schemes reduced
ISLAMABAD (January 02 2003) : The dawn of the New Year witnessed the scaling down of the profits on the…
-
Changing the Definition of Cash Flow Helped Tyco
Tyco International told investors yesterday that they could not trust its previously reported sales and profits. It did not mention…
-
Accounting firm loses first round in fight over tax shelter documents
WASHINGTON (AP) — Accounting firm KPMG LLP must disclose some of its private dealings with clients so that a judge…
-
Pricewaterhouse Taking a Stand, and a Big Risk
PricewaterhouseCoopers, world's largest accounting firm, has taken a risky public stance in favor of better, more thorough and more detailed…
