News
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Procedure for imports clearance fine-tuned
ISLAMABAD (July 12 2004): To streamline imports clearance procedure, the Central Board of Revenue (CBR) has announced that importers will…
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Chartered accountants to discuss networking, mergers
“Networking, mergers and brand promotion of professional firms” will be among the themes of focus at a two-day all-India conference…
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Suit against E&Y ruled to be without merit
A three-judge panel in Chicago, USA has ruled that a $2 billion federal lawsuit against Ernst & Young in connection…
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US accounting rules blamed for software slump
Chief financial officers rushing to comply with Sarbanes-Oxley accounting rules in the US may have little time to sign off…
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ICMAP announces Spring (Summer) 2004 Examination Results
KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has announced the results of its Spring (Summer) 2004…
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Stricter government procurement rules come into force
ISLAMABAD (July 05 2004): In order to bring about good governance, transparency, accountability and improvement in public procurement of goods,…
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SECP and SBP announce Margin Financing rules
ISLAMABAD (July 04 2004): To reduce speculations at stock market by replacing badla trading, the Securities and Exchange Commission of…
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SBP to issue monetary policy on July 20
KARACHI (June 25 2004): State Bank will issue a statement next month to outline its monetary policy for the first…
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New reinsurance company being set up to focus on ECO and CARs
KARACHI (June 28 2004): A new company under the supervision of Pakistan Reinsurance Company (PRC) is being set up with…
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Bourses to deposit CVT and WT amount by 25th of every month
ISLAMABAD (June 29 2004): The Central Board of Revenue (CBR) has accepted a major demand of stock exchanges to deposit…