News
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Revenue Board fails to check auditors against wrong reports
ISLAMABAD (August 21 2003) : The Central Board of Revenue (CBR) has failed to check sales tax auditors from framing…
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Union Bank nets Rs 238 million profit in six months
KARACHI (August 21 2003) : Union Bank Limited has announced its results for the half year ended 30th June 2003.…
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55 entities issued notices for doing illegal banking
KARACHI (August 19 2003) : The State Bank of Pakistan on Monday issued notices to 55 entities and individuals for…
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Investment banks demand income tax levy at companies rate
ISLAMABAD (August 19 2003) : Investment banks have demanded application of reduced tax rate of 35 percent as in the…
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Tax return forms in Urdu soon
ISLAMABAD (August 19 2003) : The Central Board of Revenue (CBR) would shortly issue an income tax return form in…
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Muslim Commercial Bank board told of Rs 2.11 billion pre-tax profit
LAHORE (August 19 2003) : The Muslim Commercial Bank (MCB) earned a record profit of Rs 2.11 billion before tax,…
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SEC settles case with PwC
More than three years after MicroStrategy Inc. disclosed that its reported profits were an accounting mirage, an announcement that was…
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LHC orders to freeze four illegal foreign exchange brokers' accounts
ISLAMABAD (August 16 2003) : The Securities and Exchange Commission of Pakistan (SECP) has received an order against 4 out…
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State Bank further liberalises foreign exchange regime
KARACHI (August 16 2003) : With a view to further liberalise the foreign exchange regime, the State Bank has made…
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SBP issues guidelines on risk management
KARACHI (August 16 2003) : The State Bank of Pakistan (SBP) on Friday has issued guidelines to banks and Development…
