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=1865ISLAMABAD (October 04, 2011) - The Federal Board of Revenue (FBR) has realized a total provisional collection of Rs.373.819 billion during the first quarter of July-September 2011-12 showing an overall increase of 27.4 percent as compared to same period of last fiscal year. http://www.accountancy.com.pk/articles.asp?id=1865 http://www.accountancy.com.pk/articles.asp?id=1864KARACHI (October 03, 2011) - The Securities and Exchange Commission of Pakistan (SECP) has sought objections or suggestions from stakeholders in next thirty days about the draft of Fertilizer Industry (Cost Accounting Records) Order, 2011, issued vide SRO 852-I-2011.http://www.accountancy.com.pk/articles.asp?id=1864 http://www.accountancy.com.pk/articles.asp?id=1863ISLAMABAD (June 03, 2011) - The federal budget for the fiscal year 2011-2012 was announced on Friday. Following are its salient features and highlights:http://www.accountancy.com.pk/articles.asp?id=1863 http://www.accountancy.com.pk/articles.asp?id=1862KARACHI (June 02, 2011) - The Ministry of Finance has today released the annual Economic Survey for the year 2010-11 which reports on the performance of the Pakistani economy. Following are its salient features and highlights.http://www.accountancy.com.pk/articles.asp?id=1862 http://www.accountancy.com.pk/articles.asp?id=1861KARACHI (May 02, 2011) - Meezan Bank recorded 61% growth in its post-tax profit for the quarter ended March 31, 2011. A statement said here on Monday that the Profit after tax for the quarter increased to Rs.586 million as compared to Rs.364 million in the corresponding quarter last year. http://www.accountancy.com.pk/articles.asp?id=1861 http://www.accountancy.com.pk/articles.asp?id=1860ISLAMABAD (May 03, 2011) - The Securities and Exchange Commission of Pakistan (SECP) has registered 338 companies in April 2011, whereas 342 companies were incorporated last month and 322 in the corresponding month of last year.http://www.accountancy.com.pk/articles.asp?id=1860 http://www.accountancy.com.pk/articles.asp?id=1859ISLAMABAD (May 06, 2011) - The Securities and Exchange Commission of Pakistan (SECP), as part of its mandate to develop and strengthen the commodities market, has granted approval to the Pakistan Mercantile Exchange Limited (PMEX) for introduction of the futures contract in cotton.http://www.accountancy.com.pk/articles.asp?id=1859 http://www.accountancy.com.pk/articles.asp?id=1858ISLAMABAD (November 15, 2010) -The Federal Board of Revenue (FBR) has empowered all officials of Inland Revenue, authorised by the concerned commissioner, to direct taxpayers for submitting tax records/documents to conduct sales tax audit under section 25 of the Sales Tax Act, 1990.http://www.accountancy.com.pk/articles.asp?id=1858 http://www.accountancy.com.pk/articles.asp?id=1857ISLAMABAD  (November 02, 2010) - The Securities and Exchange Commission of Pakistan (SECP) has further extended the validity period of the Companies Regularisation Scheme (CRS) and the Companies Easy Exit Scheme (CEES) for another month, up to November 30, 2010, according to its Circular No 25 of 2010, its press release on Monday said.http://www.accountancy.com.pk/articles.asp?id=1857 http://www.accountancy.com.pk/articles.asp?id=1856ISLAMABAD  (November 02, 2010) - The withholding tax (WHT) statements filed by the withholding agents under section 165 of the Income Tax Ordinance 2001 (ITO) for first quarter (July-September) of 2010-11 would be subjected to desk audit to check discrepancies in payment of taxes for improving collection during current fiscal. http://www.accountancy.com.pk/articles.asp?id=1856