News
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KPMG prays for more merger work
KPMG admitted yesterday that it will struggle to maintain revenues over the coming year unless merger activity picks up in…
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Accounting Firms Report Slower Revenue Growth
The accounting industry experienced its slowest growth in a decade, according to the latest revenue figures from the Big Four…
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Pakistan signs $ 32.367 million rescheduling agreement with Norway
ISLAMABAD (December 03 2002) : Pakistan and Norway have signed $ 32.367 million rescheduling agreement spanning over a repayment period…
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EU withholds 4,000 tonnes of flexibility quota for Pakistan textile exports
KARACHI (December 03 2002) : The European Union withheld 4,000 tonnes of flexibility quota for Pakistan textile exports creating problem…
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Securities, Exchange Commission of Pakistan assumes NBFIs supervision
ISLAMABAD (December 03 2002) : The Securities and Exchange Commission of Pakistan (SECP) has started supervising all non-banking financial institutions,…
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Section 3B of Sales Tax Act not to be invoked for refund to pharmaceutical
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has announced that the authorities could not invoke section…
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National Commodities Exchange to start gold trading this month
KARACHI (December 03 2002) : The National Commodities Exchange Limited (NCEL), which will start trading in gold during the current…
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Fuel oil prices reduced by 3.4 percent
KARACHI (December 03 2002) : Pakistan oil marketing companies have cut the prices of fuel oil by 3.4 percent, in…
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Toyota applies for U.S. banking license
Toyota Motor Corp. is applying to the state of Nevada for a banking license, which it expects to receive this…
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Discipline in public for accountants
Discipinary hearings against accountants will be heard in public if recommendations today by the profession's regulatory body are adopted. Foundation…