News
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KPMG sells Swiss and Belgian consulting arms
KPMG has sold Swiss and Belgian consulting operations to Mercer and Aon respectively. Mercer Human Resource Consulting has bought the…
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Future CPAs prepare for new test procedures
CPA wannabes will move into the modem age next spring when computers replace paper in the professional examination. Beginning in…
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CBR suspends senior auditor
ISLAMABAD: The Central Board of Revenue (CBR) has suspended Zulfiqar Ali, senior auditor, collectorate of sales tax, Faisalabad, with immediate…
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Demand for auditors rises sharply
Ernst & Young, one of the world's four biggest auditing firms, needs to hire 400 employees in mainland China every…
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Revenue Board issues new sales tax return form
ISLAMABAD (December 07 2003): To facilitate the business community, the Central Board of Revenue (CBR) has issued new 'monthly sales…
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Procedure for working out minimum sales tax liability of non-filers
ISLAMABAD (December 07 2003): The government has issued new procedure meant for determination of minimum tax liability of registered persons…
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Revenue Board and IMF discuss steps to improve tax collection
ISLAMABAD (December 06 2003): The tax managers and the International Monetary Fund (IMF) mission on Friday held introductory meeting to…
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CBR develops ITTT in two zones to broaden tax net
LAHORE (December 05 2003): Central Board of Revenue (CBR) has created two full-fledged zones, one each in Lahore and Karachi…
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Goods from Fata and Pata liable to sales tax
ISLAMABAD (December 04 2003): The distributors, commission agents, wholesalers and dealers are liable to pay sales tax on supply of…
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Islamabad Stock Exchange listed companies asked to rotate auditors
The Islamabad Stock Exchange has issued a circular dated November 12, 2003 informing all listed companies that they are required…
