News
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Rules specified for Sales Tax disputes resolution
ISLAMABAD (October 27 2002) : The Government has specified a set of rules that shall apply to all cases of…
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Ombudsman holds medicine trader's registration for general sales tax illegal
ISLAMABAD (October 27 2002) : Since medicines are exempt from sales tax, the Federal Tax Ombudsman, Justice Saleem Akhtar, has…
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Tyco's former general counsel says auditor knew of loans
The former general counsel for Tyco International Ltd., indicted for falsifying documents to conceal $14 million in loans, said in…
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Every 10th Public Comapny in US Restated their Accounts
One in 10 publicly traded companies made financial restatements because of accounting irregularities in the past five years, the U.S.…
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Ex-CIA boss to regulate US auditors
Former Central Intelligence Agency (CIA) chief William Webster has been appointed as chairman of a new body set up to…
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Pakistan's foreign exchange reserves up to record $8.445 billion
KARACHI (October 25 2002) : Pakistan's foreign currency reserves rose $169 million to a record $8.445 billion in the week…
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Securities, Exchange Commission notifies list of Authorised Insurance Companies
LAHORE (October 25 2002) : Securities and Exchange Commission of Pakistan (SECP) has notified as many as 51 insurance companies,…
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New banking company on the cards
KARACHI (October 25 2002) : A new banking company would be formed following amalgamation with Crescent Investment Bank Limited, Pakistan…
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Near-boom Conditions Prevail on Stock Market
KARACHI, Oct 24: Near-boom conditions prevailed on the stock market on Thursday as investors were not inclined to take even…
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BSE, Karachi Announce HSC-I Science (general) results
KARACHI, Oct 24: The Board of Intermediate Education, Karachi, here on Thursday declared result of HSC-I (class-XI) Science (general) group…