News
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SBP body to settle write-off disputes
LAHORE, March 10: The central bank has constituted a six-member committee to settle the disputes relating to the write-off of…
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Tax reforms to complete by 2006
ISLAMABAD, March 10: Tax authorities have finalized schedule for comprehensive tax reforms strategy to be completed by 2006. According to…
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HBL okays rules for write-off
LAHORE, March 10: The HBL board of governors had approved the central bank's guidelines for the “write-off of irrecoverable loans…
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Ahold problems mount as Deloitte Touche disavows early audits
Royal Ahold, the Dutch company that has sent shockwaves across a European establishment that had predicted that 'Enron couldn't happen…
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Deloitte Consulting fires up the whalesong and joss sticks
It seems like only last July that we were rubbing our hands in glee as we reported that Deloitte Consulting…
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Dubai auditors elect representative committee
Members of the Professional Auditors Business Group, a Dubai-based business group formed last month, elected their representative committee at Dubai…
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KPMG Agree to Settle Lawsuit
KPMG, the accounting firm, said yesterday that it had agreed to pay $200 million to settle lawsuits stemming from its…
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No more audit of businessmen by DRRA: finance adviser tells Federation Chambers
KARACHI (March 09 2003) : Shaukat Aziz, Prime Minister's Advisor on Finance and Economic Affairs, has said that henceforth audit…
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Privatisation Commission to sell shares of public entities through stock exchange
ISLAMABAD (March 09 2003) : The Privatisation Commission (PC) has decided to divest shares of some major public sector entities…
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Income tax law ambiguity for shipping sector removed
ISLAMABAD (March 09 2003) : To remove an ambiguity pertaining to shipping industry in the Income Tax Ordinance 2001, the…