http://www.accountancy.com.pk/newsgen_archive.asp Latest business, economic and finanace-related news items published on Accountancy. http://www.accountancy.com.pk/articles.asp?id=1829KARACHI (June 13 2009) Following are the salient highlights of the budgetary measures taken by federal government in income tax, customs, sales and federal excise tax for 2009-10.http://www.accountancy.com.pk/articles.asp?id=1829 http://www.accountancy.com.pk/articles.asp?id=1828KARACHI (May 24 2009): Federal Board of Revenue (FBR) has directed its auditors to conduct income tax audit only for a year to facilitate the taxpayers, who are receiving audit notices for multiple years.http://www.accountancy.com.pk/articles.asp?id=1828 http://www.accountancy.com.pk/articles.asp?id=1827ISLAMABAD (May 24 2009): The Federal Board of Revenue is introducing a new "Taxpayer Registration Form" for registration of income tax, sales tax, federal excise through a single form, simplifying registration process for business community.http://www.accountancy.com.pk/articles.asp?id=1827 http://www.accountancy.com.pk/articles.asp?id=1826KARACHI (May 23 2009): The Securities and Exchange Commission of Pakistan (SECP) has deferred, for two years, the implementation of increase in minimum capital requirement for leasing companies.http://www.accountancy.com.pk/articles.asp?id=1826 http://www.accountancy.com.pk/articles.asp?id=1825ISLAMABAD, March 27 2009: The Securities and Exchange Commission of Pakistan (SECP) on Thursday issued a circular for bringing the country’s mutual fund industry into sync with international best practices.http://www.accountancy.com.pk/articles.asp?id=1825 http://www.accountancy.com.pk/articles.asp?id=1824ISLAMABAD (March 19 2009): Only licensed insurance surveyors under Insurance Ordinance 2000 would be allowed to conduct insurance survey of insured loss/damage to ensure impartiality and fair handling of a claim by an insurer under the proposed insurance surveying rules.http://www.accountancy.com.pk/articles.asp?id=1824 http://www.accountancy.com.pk/articles.asp?id=1823KARACHI (March 19 2009): The Board of Directors of National Bank of Pakistan (NBP) has announced 65 percent final cash dividend and 20 percent bonus shares for the year ended December 31, 2008. The Board of Directors of the bank held its 179th meeting on Wednesday and approved the financial statements of the bank for the year 2008.http://www.accountancy.com.pk/articles.asp?id=1823 http://www.accountancy.com.pk/articles.asp?id=1822ISLAMABAD (March 17 2009): The Federal Board of Revenue (FBR) has implemented a new strategy for immediate clearance of outstanding sales tax refunds claims, where supplies data/invoice summary objections have been removed by the Sales Tax Automated Refund Repository computer system (STARR).http://www.accountancy.com.pk/articles.asp?id=1822 http://www.accountancy.com.pk/articles.asp?id=1821ISLAMABAD (March 16 2009): The Federal Board of Revenue (FBR) has barred commercial importers of miscellaneous goods from clearance of their consignments under Pakistan Customs Computerised System (PACCS), thus excluding commercial imports from the purview of computerised clearance system.http://www.accountancy.com.pk/articles.asp?id=1821 http://www.accountancy.com.pk/articles.asp?id=1820KARACHI (March 13 2009): The federal government has appointed Muhammad Kamran Shehzad as Deputy Governor, State Bank of Pakistan with immediate effect for a period of three years.http://www.accountancy.com.pk/articles.asp?id=1820