News
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FBR seeks cash withdrawal data to increase WHT collection from SBP
ISLAMABAD (February 13 2008): To increase withholding tax collection, the Federal Board of Revenue (FBR) has approached the State Bank…
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SECP brushes aside apprehension about ‘panel of auditors’
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday brushed aside the apprehension expressed by certain auditors regarding…
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FBR Empowers Customs Collectors to Block Import Consignments
ISLAMABAD (February 29 2008): The collectors of customs have been empowered to block import consignments where the businessman is unable…
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Foreign investors seek 'advance ruling' on income tax
ISLAMABAD (September 15 2007): Top foreign investors, including an international hotel chain and a beverage company, have approached the Federal…
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Advance payments against L/Cs: SBP liberalises foreign exchange regime
KARACHI (September 14 2007): The State Bank of Pakistan (SBP) on Thursday allowed advance payments against letters of credit (L/Cs)…
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SECP seeking power to freeze bank accounts: banks to remain under SBP
ISLAMABAD (September 05 2007): The Securities and Exchange Commission of Pakistan has clarified that there are no plans for shifting…
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FBR can't de-register unit unilaterally: Trade Ombudsman
ISLAMABAD (September 03 2007): The Federal Tax Ombudsman (FTO), former Justice Munir A Sheikh has ruled that the Federal Board…
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SECP won't allow firms' takeover if law violated
ISLAMABAD (September 03 2007): The Securities and Exchange Commission (SECP) will not allow takeover of companies in violation of proposed…
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SBP approves merger of ABN Amro and Prime Commercial Bank
KARACHI (September 01 2007): The State Bank of Pakistan (SBP) on Friday has granted final approval for the merger of…
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ICAEW, ICAP Sign Memorandum of Understanding
KARACHI: The Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Chartered Accountants of Pakistan (ICAP)…
