News
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SECP Asks Listed Companies to Adopt IFRS
ISLAMABAD (December 20 2006): The Securities and Exchange Commission of Pakistan (SECP) has asked the listed companies to follow International…
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SBP relaxes rules for foreign companies for opening bank account
KARACHI (December 09 2006): The State Bank of Pakistan has decided to relax the condition of obtaining 'Board Resolution' and…
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SBP may get powers to penalise currency dealers
ISLAMABAD (November 28 2006): The government is likely to authorize the State Bank of Pakistan (SBP) to impose monetary penalties…
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CBR for following President's order on timeframe for adjudication
ISLAMABAD (November 28 2006): The Central Board of Revenue (CBR) has directed the collectors of sales tax to strictly follow…
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CBR to conduct last three years' sales tax, FED refund audit
ISLAMABAD (November 25 2006): The Central Board of Revenue (CBR) has decided to conduct audit of sales tax refund and…
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CBR reconciles telecom sector revenue figures with PTA
ISLAMABAD (November 25 2006): The Central Board of Revenue (CBR) has started reconciliation of revenue figures of telecom companies, including…
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Plan to make government insurance companies more business-friendly
ISLAMABAD (November 18 2006): Commerce Ministry is preparing a strategy to make the public sector insurance companies more business-friendly and…
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Balochistan Abolishes Stamp Duty on Memorandum and Articles of Memorandum
Islamabad – November 16, 2006: The Provincial Assembly of Balochistan has passed the Stamp Amendment Bill, 2006, on November 01,…
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AF Ferguson / PWC may face ban on practice
KARACHI (November 08 2006): The Institute of Chartered Accountant of Pakistan has referred A F Ferguson, member of PricewaterhouseCoopers (PWC),…
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SECP allows brokers to pledge CFS-financed securities
KARACHI (November 03 2006): The Securities and Exchange Commission of Pakistan (SECP) has allowed the broker CFS financier to pledge…
