News
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ICAI issues accounting, auditing guide for NGOs; sets up committee for Tendulkar
With many of the non-governmental organisations (NGOs) receiving huge funds from national and international donors, the Institute of Chartered Accountants…
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IASB issues guidance for reporting greenhouse gas liabilities
The International Accounting Standards Board has dipped a toe into environmental reporting issues with draft guidelines on accounting requirements for…
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Government urged to cut duty, sales tax on stationery
KARACHI (May 15 2003) : Claims that the Pakistan government is education-friendly and is doing everything in its power to…
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Record Rs 193 billion sales tax collected in July-April
ISLAMABAD (May 15 2003) : Registering record sales tax collection of Rs 193 billion during the July-April 2002-03, the Central…
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Government and SBP studying proposal to merge, sell ICP's shares
KARACHI (May 14 2003) : The government and the State Bank of Pakistan (SBP) are studying a proposal to either…
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State Bank further explains write-off policy
KARACHI (May 14 2003) : The State Bank of Pakistan (SBP), responding to representations and suggestions made by the trade…
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National Bank AGM okays Rs 6.045 billion pre-tax profit for 2002
KARACHI (May 14 2003) : National Bank of Pakistan (NBP) President Ali Raza said about Rs 150 billion were not…
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Federation Chambers to approach president, premier for amendment in FTO Ordinance
KARACHI (May 13 2003) : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to approach President…
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Duty drawback rates on PVC, shaving blades revised
ISLAMABAD (May 13 2003) : The Central Board of Revenue (CBR) has revised duty drawback rates on export of several…
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CBR allows payment against supply in kind by transferring landed property
KARACHI (May 13 2003) : The Central Board of Revenue (CBR) has ruled that payment against any supply can be…