News
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FPCCI considers $10 billion export target as 'insignificant'
KARACHI (November 05 2002) : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) considers Pakistan's export target of…
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15% GST imposed on ribbons used in Computer Printers
ISLAMABAD (November 05 2002) : The Central Board of Revenue (CBR) has imposed 15 percent general sales tax (GST) on…
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New conditions for power companies refund claims announced
ISLAMABAD (November 05 2002) : The Central Board of Revenue (CBR) has announced new conditions for claiming sales tax refund…
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Revenue Board to educate taxpayers on new income tax law
SIALKOT (November 05 2002) : The Central Board of Revenue is set to initiate taxpayers facilitation campaign this month across…
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Gemstar Drops KPMG as Auditor
New York (Nov. 5, 2002) TV Guide publisher Gemstar said it has fired KPMG, its outside auditor, following a disagreement…
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PwC sets to take up limited liability status in new year
PricewaterhouseCoopers, the UK’s largest accountancy firm, has set a new target date of 1January 2003 to turn itself into a…
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Pakistan, seven other Muslim states to set rules for Islamic financial system
KUALA LUMPUR (November 04 2002) : Pakistan and seven other Muslim countries launched a global agency on Sunday to set…
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Maladministration delays transfer of 6,000 cases to RCITs
ISLAMABAD (November 04 2002) : The maladministration at Regional Commissionerates of Income Tax has delayed the processing of over 6,000…
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Banking Companies Ordinances 1962 further amended
ISLAMABAD (November 05 2002) : President, General Pervez Musharraf on Monday promulgated the Banking Companies (Amendment) Ordinances, 2002, further amending…
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Rs 123.5 billion tax collected in July-October
ISLAMABAD (November 01 2002) : The federal tax authorities have collected Rs 123.5 billion in the first four months (July-October)…