News
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KPMG trims chief's pay packet
Mike Rake, the chairman of KPMG, is likely to be forced to take a pay cut for last year after…
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Cut-off yield for six-month treasury bills may drop by 100 basis points
KARACHI (February 03 2003) : The cut-off yield for the six-month treasury bills is expected to register a decline of…
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Federal Tax Ombudsman rebuts Revenue Board view on jurisdiction of inquiry
ISLAMABAD (February 03 2003) : Federal Tax Ombudsman former Justice Saleem Akhtar has strongly rebutted the Central Board of Revenue…
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Federal Tax Ombudsman takes notice of tactics to block refund
ISLAMABAD (February 03 2003) : Federal Tax Ombudsman Saleem Akhtar has taken serious note of tax officials' tactics to block…
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Re-export of a pesticide cargo allowed
ISLAMABAD (February 03 2003) : The Central Board of Revenue (CBR) has directed all collectorates of customs to allow a…
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Study: Tax Work Doesn?t Compromise Auditor Objectivity
It’s a done deal now, but those who question whether the Securities and Exchange Commission should have permitted accountants to…
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AICPA Plans 'Council Effectiveness' Task Force
The American Institute of CPAs announced Friday that it’s forming a task force to gauge the effectiveness of its Council.…
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ICAP announces Winter 2002 Professional Examination Results
KARACHI, February 3, 2003: The Institute of Chartered Accountants of Pakistan has announced the results of Professional Examination Winter 2002.…
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Debt servicing to fall to 25 percent by 2004-05: State Bank Governor
KARACHI (February 01 2003) : Pakistan's debt servicing would be reduced to 25 percent from the current 40 percent of…
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Export finance rate further reduced to 5.5 percent
KARACHI (February 01 2003) : The State Bank of Pakistan on Friday further cut the export refinance rate by 0.5…
