News
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Rebate on surgical and leather goods cut
ISLAMABAD (July 30 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of surgical/veterinary…
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CBR and car dealers talks collapse
ISLAMABAD (July 30 2004): The talks between the tax authorities and All Pakistan Motor Dealers Association (APMDA) on the issue…
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Taxpayers paying 20 per cent more tax exempted from audit
KARACHI: Central Board of Revenue (CBR) has allowed non-corporate income tax payers of the country to revise their income tax…
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SECP presents report on financial services
KARACHI: Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr Tariq Hassan has presented a report to the Standing Committee-3…
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SBP lures banks towards SME financing
KARACHI: State Bank of Pakistan (SBP), while clarifying its prudential regulations regarding Small and Medium Enterprises (SMEs) of the country…
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Survey: Your accountant is your best friend
Accountants are the first choice when it comes to entrepreneurs seeking advice, according to a new survey. And it’s not…
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Indian mutual fund industry to see more M&As: KPMG
The Indian mutual fund industry is expected to see more mergers and acquisitions even as funds face the challenge of…
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ICAI to write to GTB auditors
Even as the Reserve Bank of India's letter alleging “misconduct” by statutory auditors of Global Trust Bank (GTB) does not…
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Court ruling leaves KPMG with £65m bill
Partners at KPMG could face having to make up a £65m deficit in the accountant's pension scheme after a High…
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IAASB issues revised ISA which calls on auditors to plan audits more rigorously
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released a revised International…
