News
-
Harvard Professor: Audit Fraud Not the Real Problem
Cambridge, Mass. (Dec. 4, 2002) – Although requiring audit firms to check each other’s work might prove useful in reducing…
-
KPMG Reports 3.9 Percent Growth
New York (Dec. 3, 2002) – KPMG International’s revenue rose just 3.9 percent to $10.7 billion over the past year,…
-
ICAP issues notification regarding Income Tax Ordinance 2001
ICAP has released the following notification regarding Income Tax Ordinance 2001: CA\DEX\GEN/46/2002 November 27, 2002 This is to notify that…
-
Pakistan signs $ 32.367 million rescheduling agreement with Norway
ISLAMABAD (December 03 2002) : Pakistan and Norway have signed $ 32.367 million rescheduling agreement spanning over a repayment period…
-
EU withholds 4,000 tonnes of flexibility quota for Pakistan textile exports
KARACHI (December 03 2002) : The European Union withheld 4,000 tonnes of flexibility quota for Pakistan textile exports creating problem…
-
Securities, Exchange Commission of Pakistan assumes NBFIs supervision
ISLAMABAD (December 03 2002) : The Securities and Exchange Commission of Pakistan (SECP) has started supervising all non-banking financial institutions,…
-
Section 3B of Sales Tax Act not to be invoked for refund to pharmaceutical
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has announced that the authorities could not invoke section…
-
National Commodities Exchange to start gold trading this month
KARACHI (December 03 2002) : The National Commodities Exchange Limited (NCEL), which will start trading in gold during the current…
-
Fuel oil prices reduced by 3.4 percent
KARACHI (December 03 2002) : Pakistan oil marketing companies have cut the prices of fuel oil by 3.4 percent, in…
-
Central Board of Revenue processes hundreds of sales tax returns erroneously
ISLAMABAD (December 03 2002) : The Central Board of Revenue (CBR) has processed hundreds of sales tax returns erroneously causing…