News
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1,553 companies incorporated in 2003: SECP
KARACHI (September 13 2003): The Securities and Exchange Commission of Pakistan (SECP) said that 1,553 companies were incorporated in the…
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Cost Accountants to determine cost of locally-made cars and tractors
ISLAMABAD (September 13 2003): Secretary Industries and Production, Javed Ashraf Hussain, on Friday said government has engaged Finance ministry's cost…
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Revenue Board to spend $2.16 million on construction of new structures
ISLAMABAD (September 12 2003): The Central Board of Revenue (CBR) has decided to spend huge amount of $ 2.16 million…
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3.2 percent National Bank shares to be offered at discount rate
ISLAMABAD (September 11 2003): Privatisation Minister Abdul Hafeez Shaikh on Wednesday said that the government would offer 3.2 percent shares…
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IASB publishes proposals on macro hedging
The International Accounting Standards Board (IASB) has published proposals to improve the implementation of IAS 39 Financial Instruments: Recognition and…
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IFRIC releases draft interpretation on Changes in Decommissioning, Restoration & Similar Liabilities
The International Financial Reporting Interpretations Committee (IFRIC) has released draft IFRIC Draft Interpretation D2 Changes in Decommissioning, Restoration and Similar…
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Over 100 CNG-related items get duty and tax relief
ISLAMABAD (September 10 2003) : To attract investment in the CNG industry, the government has given concession of duties and…
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New Companies Registration Offices Regulations promulgated
KARACHI (September 10 2003) : The Securities and Exchange Commission of Pakistan (SECP) has promulgated new Companies (Registration Offices) Regulation,…
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Deloitte CEO says Sarbanes-Oxley reforms working
The accounting and corporate governance reforms passed by Congress last year after a wave of scandals are working, but attempts…
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System for tracing new units proposed
ISLAMABAD (September 09 2003) : To trace new taxpayers and enhance GST collection, foreign consultant Maxwell Stamps has proposed 'Sales…