News
-
ICMAP calls for increased role of cost auditors
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has recommended to the Central Board of Revenue (CBR) that…
-
Unilever planning parting with Dalda
KARACHI (December 18 2003): Unilever Pakistan Ltd, the country's largest consumer goods maker, announced on Wednesday it plans to sell…
-
CBR withdraws Yellow Cab Scheme SRO
ISLAMABAD (December 19 2003): The Central Board of Revenue (CBR) has withdrawn SRO of 1991 regarding the “Yellow Cab Scheme”…
-
ITIS solely for tax base broadening
ISLAMABAD (December 18 2003): The indigenously developed 'Integrated Tax Information System' (ITIS) would solely be used for broadening the tax…
-
FASB Issues Exposure Drafts to Support Convergence of Global Accounting Standards
The Financial Accounting Standards Board (FASB) in the USA will issue four Exposure Drafts that would improve U.S. generally accepted…
-
IASB issues revised standards 32 and 39 focussing on Financial Instruments
The International Accounting Standards Board (IASB) has issued revised versions of its two Standards dealing with financial instruments. IAS 32…
-
IASB issues 13 revised accounting standards and withdraws IAS 15
The International Accounting Standards Board (IASB) has published 13 revised International Accounting Standards (IASs) and gave notice of the withdrawal…
-
Zero-rated duty notified on import of wheat
ISLAMABAD (December 17 2003): Following the decision of Economic Co-ordination Committee (ECC) of the Cabinet, the Central Board of Revenue…
-
Habib Bank auction on December 29, bidders told
ISLAMABAD (December 16 2003): The Privatisation Commission (PC) has formally informed the three pre-qualified bidders that the bidding for acquisition…
-
Rs 10,000 refund claims to be paid quickly
ISLAMABAD (December 14 2003): In a major move to facilitate small taxpayers, particularly salaried class, the Central Board of Revenue…