News
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Zero sales tax non-availability: CBR issues another list of items
ISLAMABAD (April 17 2006): The sales tax zero-rating facility would not be available on the import of railway locomotives, tramway…
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CBR shortlists three tax members for Member Audit slot
ISLAMABAD (April 16 2006): The Central Board of Revenue (CBR) has short-listed the names of three tax experts from the…
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Definition of Commerical Importers changed in Sales Tax Rules
ISLAMABAD (April 16 2006): The Central Board of Revenue (CBR) has changed the definition of 'commercial importers' to ensure collection…
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CBR proposes amendments to get 11 cases settled
ISLAMABAD (April 15 2006): The Central Board of Revenue (CBR) has proposed amendments to the Protection of Economic Reforms Act,…
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Accounting standards for SMEs to be issued by June
KARACHI: President Institute of Chartered Accountants of Pakistan (ICAP) Syed Shabbar Zaidi has said the Securities and Exchange Commission of…
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Amendments in Sales Tax Act proposed by MNCs
ISLAMABAD (April 14 2006): Foreign investors have proposed various amendments to Sales Tax Act, 1990 pertaining to payment of the…
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SBP amends Prudential regulations for Micro-Finance Banks
KARACHI (April 14 2006): The State Bank of Pakistan (SBP) on Thursday made certain amendments to the prudential regulations for…
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Sales tax return form being redesigned
KARACHI (April 08 2006): Member, Sales Tax, Central Board of Revenue (CBR), Shahid Ahmed, informed the business community on Friday…
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KESC must pay sales tax on total billed amount
ISLAMABAD (April 07 2006): The Karachi Electric Supply Corporation (KESC) should pay sales tax on the total amount billed to…
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PwC questions outsourcing benefits
More than half of outsourcing projects in the finance industry show no initial cost benefits in the first year, according…
