News
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Four Merrill Lynch executives face charges in Enron scandal
Securities regulators have charged four former senior Merrill Lynch executives with helping Enron inflate profit and mislead investors with two…
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Deloitte chief ponders dropping audit work
Deloitte Touche Tohmatsu chairman Piet Hoogendoorn warned over the weekend that exposure to lawsuits was forcing global accountancy firms to…
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AICPA Issues Exposure Draft on Internal Control Reporting
The Auditing Standards Board of the American Institute of Certified Public Accountants today announced its first step to implement a…
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Sales tax auditors blackmailing taxpayers
ISLAMABAD (March 20 2003) : The sales tax auditors of the Central Board of Revenue (CBR) have invented a new…
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IMF suggests 15 percent GST on computer items, machinery
ISLAMABAD (March 20 2003) : The International Monetary Fund (IMF) has asked the Government of Pakistan to impose 15 percent…
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Printing price on imported goods: Revenue Board decision creates problems for MNCs
ISLAMABAD (March 20 2003) : The Central Board of Revenue (CBR) decision to print retail price on imported goods has…
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15pc GST on bricks, blocks under study
ISLAMABAD, March 18: The government is considering a proposal to levy 15 per cent General Sales Tax (GST) on bricks…
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No income tax relief to welfare bodies working for personal gains
ISLAMABAD (March 19 2003) : The Central Board of Revenue (CBR) has decided not to allow income tax exemption of…
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ICAP – Examination forms available
The Institute of Chartered Accountants of Pakistan (ICAP) have announced that examination forms for Summer 2003 Professional and Final examinations…
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ICMAP – Last date for submission of examination forms
The last date of submission of examination application form for Summer 2003 Examinations is March 20, 2003 without late fee…