News
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MCB earns Rs 8.7 billion pre-tax profit for first half of 2006
KARACHI (August 25 2006): MCB Bank has earned a record pre-tax profit of Rs 8.7 billion for half year ended…
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Crescent Investment Bank fails to submit audited accounts
KARACHI (August 25 2006): The Crescent Standard Investment Bank Limited (CSIBL) will go down in record books as the bank…
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CBR reduces duty drawback on major sectors
ISLAMABAD (August 20 2006): The Central Board of Revenue (CBR) has reduced duty drawback rates for textile, leather, surgical, engineering…
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Public Confidence in Accountants Growing
After a public-perception downfall following the 2002 accounting scandals, accountants are regaining ground. In response to a Harris Poll, 68…
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AICPA, AAA, IAASB Launch Joint Research Project
Three international accounting bodies have joined forces to launch a research initiative that will provide a better understanding of users’…
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ICAP announces Professional/Final Summer 2006 examination results
KARACHI, July 31, 2006: The Institute of Chartered Accountants of Pakistan (ICAP) has announced the results of its Professional/Final Summer…
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CBR plans new form to furnish monthly withholding tax for agents
ISLAMABAD (July 28 2006): A new monthly statement has been chalked out for the withholding agents for collection or deduction…
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CBR cuts withholding tax on contract carriage
ISLAMABAD (July 22 2006): The Central Board of Revenue (CBR) on Friday decided to reduce withholding tax on contract carriage…
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ACCA Pakistan to Hold Seminar on SOX
ACCA Pakistan has arranged a series of one day seminars ‘Sarbanes Oxley: Value for Compliance’ in Islamabad, Lahore and Karachi…
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SECP asks stock brokers to furnish details by June 22
KARACHI (June 21 2006): The Securities Exchange Commission of Pakistan (SECP) has asked a number of stock brokers to submit…