News
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PICIC declares dividend at 33.5pc
KARACHI, Oct 23: Relying on the steadfast clientele, Pakistan Industrial Credit and Investment Corporation (PICIC), on Wednesday set a new…
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Hubco posts Rs 11 million increment in profit
KARACHI (October 24 2002) : Hub Power Company profit in three months up to September 30, 2002, has shown an…
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SBP Announces its Panel of Audit Firms
KARACHI (October 24 2002) : The State Bank of Pakistan on Wednesday has announced to induct 36 Chartered Accountant (CA)…
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Pakistan banking sector tax rates amount to 75 to 80 percent: World Bank
ISLAMABAD (October 23 2002) : Unlike other sectors, Pakistan's banking sector was highly taxed where all the explicit and implicit…
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Action likely against 'governments' holding blns in Personal Ledger Accounts
ISLAMABAD (October 23 2002) : The Auditor General of Pakistan (AGP) is likely to take action against federal and provincial…
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Central Board of Revenue to recover less paid Sales Tax from cement makers
ISLAMABAD (October 22 2002) : The Central Board of Revenue (CBR) has decided to recover sales tax to the tune…
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Rs 460 billion revenue target likely to be achieved: Revenue Board chief
LAHORE (October 22 2002) : Riaz Ahmed Malik, Chairman Central Board of Revenue (CBR), has said that revenue target of…
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Grant Thornton Launches Business Risk Niche
Chicago (Oct. 22, 2002) – Capitalizing on the fear of corporate scandals across corporate American, Grant Thornton Monday unveiled its…
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PwC, UBS sued for $100 mln over HPL scandal
DALLAS, Oct 17 (Reuters) – Three HPL Technologies Inc. (HPLA) shareholders slapped accounting firm PricewaterhouseCoopers and UBS Warburg with a…
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Pak-Swiss agreement for avoidance of double taxation
ISLAMABAD, Oct 15: Pakistan and Switzerland, on Tuesday inked a convention for the avoidance of double taxation between the two…