News
-
Accounting standards for NGOs, SMEs planned
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has said that it is working on setting accounting standards for…
-
CBR warns traders of action against tax non-payment
KARACHI (August 27 2005): Central Board of Revenue (CBR) Chairman Mohammed Abdullah Yousuf has warned traders, industrialists and corporate sector…
-
Procedure for claiming rebate on PTA revised
ISLAMABAD (August 27 2005): The Central Board of Revenue (CBR) has empowered the Appraisement Collectorate, Karachi to deal with all…
-
SBP issues show-cause notices to 9 B-cat companies on forex rules violation
KARACHI (August 14 2005): The State Bank of Pakistan (SBP) has issued a show-cause notices to nine B-categories companies for…
-
SBP allows mutual funds to invest 30 percent abroad
KARACHI (August 14 2005): The State Bank of Pakistan (SBP) has allowed mutual funds to invest in overseas markets to…
-
Simplified sales tax refund rules issued
ISLAMABAD (August 14 2005): The Central Board of Revenue (CBR) has issued a new simplified procedure for payment of sales…
-
$10,000 advance payment allowed against imports
KARACHI (August 14 2005): The State Bank of Pakistan has allowed the authorised dealers to remit advance payments, up to…
-
Wholesale cut in duty drawback rates: 96 SROs rescinded
ISLAMABAD (August 09 2005): Rescinding all 96 individual duty drawback SROs, the Central Board of Revenue (CBR) has reduced duty…
-
CBR removes budget anomalies, revises duty rates
ISLAMABAD (August 09 2005): While rectifying the 2005-06 budget anomalies, the Central Board of Revenue (CBR) has reduced customs duty…
-
SECP serves notices to brokers involved in wash sales
ISLAMABAD (August 05 2005): On the recommendation of the Task Force probing stock market crash, the Securities and Exchange Commission…
