News
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CBR and vanaspati makers reach understanding on value addition for imported palm olien
ISLAMABAD (August 20 2004): The Central Board of Revenue (CBR) and Pakistan Vanaspati Manufacturers Association (PVMA) on Thursday agreed on…
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Minimum benchmark value of bill of entry reduced
ISLAMABAD (August 21 2004): The Central Board of Revenue (CBR) has substantially reduced the minimum benchmark value of bill of…
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Former EC Accountant Wins Whistle-Blower Award
Marta Andreasen, the former chief accountant for the European Commission, has won this year’s Cliff Robertson Sentinel Award given by…
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Auditors oppose proposed ban on consulting
The concept paper on the companies act is creating a storm in audit circles. It has some very bold proposals,…
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Chartered accountants’ conference begins in India
The all-India continuing professional education (CPE) conference of the Institute of Chartered Accountants of India (ICAI) was inaugurated by the…
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Parmalat sues former auditors Deloitte and Grant Thornton for $10 Billion
Parmalat sued its former auditors, Deloitte & Touche and Grant Thornton, on Wednesday, claiming damages of at least $10 billion…
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Drawback on footwear reduced
ISLAMABAD (August 18 2004): The Central Board of Revenue (CBR) has reduced duty drawback on export of leather and synthetic…
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BDO partner suspended for standards neglect
An auditor in an Australian chartered accountants firm has been suspended for twelve months after ignoring important audit standards, the…
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No 'special tax year' for cotton-textile sector
ISLAMABAD (August 17 2004): On persistent demand of cotton ginners and cotton textile companies, the Central Board of Revenue (CBR)…
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CBR to issue amended rules for CARE implementation
ISLAMABAD (August 15 2004): The Central Board of Revenue (CBR) has decided to issue amended rules and notifications for the…
