News
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ICAP announces Professional/Final Summer 2006 examination results
KARACHI, July 31, 2006: The Institute of Chartered Accountants of Pakistan (ICAP) has announced the results of its Professional/Final Summer…
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CBR plans new form to furnish monthly withholding tax for agents
ISLAMABAD (July 28 2006): A new monthly statement has been chalked out for the withholding agents for collection or deduction…
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CBR cuts withholding tax on contract carriage
ISLAMABAD (July 22 2006): The Central Board of Revenue (CBR) on Friday decided to reduce withholding tax on contract carriage…
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ACCA Pakistan to Hold Seminar on SOX
ACCA Pakistan has arranged a series of one day seminars ‘Sarbanes Oxley: Value for Compliance’ in Islamabad, Lahore and Karachi…
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SECP asks stock brokers to furnish details by June 22
KARACHI (June 21 2006): The Securities Exchange Commission of Pakistan (SECP) has asked a number of stock brokers to submit…
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CBR seeks powers to impose penalties, imprisonment
ISLAMABAD (June 21 2006): The government would empower the Central Board of Revenue (CBR) to slap Rs 2 million fine…
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Exemption to be held for mutual funds: CBR budget amendment proposal
ISLAMABAD (June 21 2006): The Central Board of Revenue (CBR) has submitted to the government that the proposed withdrawal of…
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CBR grants duty relief on machinery components
ISLAMABAD (June 21 2006): The government has given exemption of customs duty on imports of raw materials, sub-components, sub-assemblies, components…
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CBR Clarification: No Excise Duty Levied on Data and Internet Services
ISLAMABAD (June 10 2006): The Central Board of Revenue (CBR) has clarified that excise duty has not been levied on…
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Banks to simplify terms on account opening forms
KARACHI (June 10 2006): All the banks would simplify the terms and conditions on account opening forms. The banks will…