News
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USAS scheme: small percentage of returns to be selected for audit
ISLAMABAD (September 23 2004): The Central Board of Revenue (CBR) has decided to select a very small percentage of income…
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Banks no more to submit 'ED' statements
KARACHI (September 23 2004): The State Bank of Pakistan on Wednesday decided to discontinue submission of 'ED' statement by banks…
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CBR exempts mutual funds from WHT
KARACHI: The Karachi Stock Exchange (KSE), after receiving approval from the Central Board of Revenue (CBR), has stopped deducting with-holding…
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SBP directive on export refinancing
KARACHI: The State Bank of Pakistan (SBP) on Wednesday ordered banks to make sure that ‘no duplicate export refinancing is…
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Shell earns Rs 1.5bn, declares Rs 35 dividend
KARACHI: Shell Pakistan Limited (SPL) has completed the 3-D seismic survey of its off-shore block and plans to invest $25…
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SECP mulls single licence for all NBFC activities
KARACHI: Dr Tariq Hassan, Chairman Securities and Exchange Commission of Pakistan (SECP) disclosed on Thursday that the SECP is examining…
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International Study Recommends Actions To Achieve Convergence To International Standards
A new international study, commissioned by the Board of the International Federation of Accountants (IFAC), identifies the challenges to adopting…
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Canada's CA-CMA Merger Sparks Debate
As accounting professionals in the United States continue to repair the damage caused by corporate scandals and strive to meet…
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Plan launched for disposal of 11,316 pending audit cases
ISLAMABAD (September 10 2004): The Central Board of Revenue (CBR) has launched a plan for the disposal of 11,316 pending…
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Study Reveals Emerging Online Security Threats
While viruses and spam continue to proliferate, they have been joined by two emerging threats: spyware and phishing, according to…
