News
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Highlights of Economic Survey of Pakistan 2006-07
ISLAMABAD (June 09 2007): Pakistan's economy continues to gain traction as it experiences the longest spell of its strongest growth…
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CBR fails to bring services sector into tax net
ISLAMABAD (June 09 2007): The Central Board of Revenue (CBR) remained helpless in bringing services sector into the tax net…
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CBR's bid to bring potential units in tax-net
ISLAMABAD (May 24 2007): The collectorates of sales tax have started verifying third-party information, including gas/electricity data to bring potential…
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10-year tax holiday for steel industry proposed
ISLAMABAD (May 24 2007): The Ministry of Industries and Production has proposed the government the new duty and tax regime…
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SBP and CBR to launch automated tax deposit system
ISLAMABAD (May 08 2007): The State Bank of Pakistan (SBP) and the Central Board of Revenue (CBR) have decided to…
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Islamic Finance Scholar Joins AAB as Director Shariah Services
KARACHI (May 02, 2007) – Mufti Mohammad Hassaan Kaleem, an eminent scholar specializing in Islamic Finance and Insurance has joined…
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ICAP Rejects CBR's Proposal to Certify Clients Regarding Income Tax Payment
KARACHI: External auditors of companies have refused to certify that their clients have paid their income tax and other federal…
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CBR to take policy decision on WHT statements
ISLAMABAD (March 29 2007): The Central Board of Revenue (CBR) will take policy decision on the acceptance of withholding tax…
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Islamic finance breeds few entrepreneurs
KUALA LUMPUR: Islamic finance has made plenty of money for bankers and lawyers but has fallen short of the goal…
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Ernst & Young Focuses on Restoring Investor Trust
Ernst & Young notes that with increasing globalization and larger numbers of companies going public, professional services firms and financial…
