News
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Over Rs 0.35 million reinsurance premia on life insurance remittance allowed
KARACHI (January 22 2003) : The State Bank of Pakistan has allowed remittance of re-insurance premia on life insurance policies…
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Duty drawback allowed on printing inks, sanitary ware
ISLAMABAD (January 22 2003) : The Central Board of Revenue (CBR) has given duty drawback facility on export of 24…
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SECP thrashes out transfer pricing issue: Companies Ordinance 4th Schedule amended
KARACHI (January 23 2003) : The Securities and Exchange Commission of Pakistan (SECP) has amended the Fourth Schedule to the…
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Flaws pointed out in amended Sales Tax Refund Rules
ISLAMABAD (January 23 2003) : The commercial exporters have pointed out serious flaws in the recently amended Sales Tax Refund…
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Revenue Board to bring more persons into general sales tax net
ISLAMABAD (January 23 2003) : To bring more persons into GST net, the Central Board of Revenue (CBR) has decided…
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Fitch IBCA disinvests shareholding in PACRA
KARACHI (January 23 2003) : Fitch IBCA, the principal shareholder of Pakistan Credit Rating Agency (Pacra), as part of global…
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KPMG launches WMB 2002 to assist companies in annual reports
KPMG Malaysia, the Malaysian member firm of KPMG International, launched Wonderful (Malaysia) Bhd “WMB 2002” which offers specimens disclosures of…
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Clorox names Ernst & Young as auditor, replacing Deloitte
NEW YORK (Dow Jones/AP) — Clorox Co. said Tuesday it named Ernst & Young LLP as its auditor, replacing Deloitte…
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International donors and CBR agree on revamping terms of reference
ISLAMABAD (January 21 2003) : To completely revamp the tax machinery, the international donors and Central Board of Revenue (CBR)…
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State Bank sets Rs 30 billion treasury bills auction target
KARACHI (January 21 2003) : The State Bank has set the target of Rs 30 billion for the sale of…