News
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PTCL posts Rs 23 billion profit
KARACHI (September 25 2003): Pakistan Telecommunication Ltd, (PTCL) said on Wednesday that its profit rose 16.5 percent, to Rs 23.08…
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Facility for large taxpaying units for filing cases against Revenue Board
ISLAMABAD (September 24 2003): The large taxpaying units of Karachi and those operating under Sales Tax House, Karachi, can file…
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Revenue Board clarifies returns filing issues
ISLAMABAD (September 24 2003): Clarifying issues relating to filing of income tax returns, the Central Board of Revenue (CBR) has…
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IRS in US seeks Grant Thornton client data
The Internal Revenue Service (IRS) has asked a judge to force Chicago-based accounting firm Grant Thornton LLP to name clients…
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IFAC Proposes New Standard on Impairment of Public Sector Assets
The International Federation of Accountants has released a new exposure draft (ED) of an International Public Sector Accounting Standard (IPSAS)…
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ACCA – Last date for submitting exam fees for Dec 2003 notified
ACCA has announced that the last date for submitting examination fees at their Lahore/Karachi/Islamabad offices for the Dec 2003 session,…
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ICMAP – Students Conference 2003 at Islamabad
ICMAP Students Conference 2003 will be held on Saturday October 4, 2003. The Conference will have two sessions. In the…
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Tax returns date need not be extended: Revenue Board
ISLAMABAD (September 23 2003): As no trade association, chamber and bar association has demanded extension in the date of income…
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Poultry plants given sales tax exemption
ISLAMABAD (September 23 2003): Giving a major relief to the poultry/livestock industry, the Central Board of Revenue (CBR) has given…
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Fired Coke Auditor Takes On Giant Corporation in Lawsuit
Matthew Whitley wanted to work for Coca-Cola Co. so much that he submitted his resume 15 times. After being hired,…