News
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Banks ignore SBP directives as ATMs remain out of cash
KARACHI (October 25 2006): Despite clear directives by the State Bank of Pakistan (SBP) to all banks that adequate backup…
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CBR can forgo tax on loans from non-resident bank
ISLAMABAD (October 24 2006): The Central Board of Revenue (CBR) is empowered to give income tax exemption to loans obtained…
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CBR opposes new exemptions to aviation industry
ISLAMABAD (October 11 2006): The Central Board of Revenue (CBR) has opposed any new exemption/concession of duties and taxes to…
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CBR issues 'Green', 'Red' channels lists
ISLAMABAD (October 10 2006): The Central Board of Revenue (CBR) has issued lists of duty-free allowances admissible for clearance of…
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ACCA Pakistan to Conduct Corporate Governance Survey
The recently set up Pakistan Institute of Corporate Governance (PICG) was established to promote and help improve upon corporate governance…
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CBR notifies powers of valuation, PCA departments officials
ISLAMABAD (October 05 2006): The Central Board of Revenue (CBR) has empowered the valuation officers, appraisers and auditors of Valuation…
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SECP, IFC and PICG Launch Corporate Governance Survey
ISLAMABAD (October 03 2006): The International Finance Corporation (IFC), the Securities and Exchange Commission of Pakistan (SECP) and Pakistan Institute…
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E&Y, PwC Top Employers for Working Mothers in the US
Big Four accounting firms Ernst & Young and PricewaterhouseCoopers are recognized as two of the best companies in the U.S.…
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SEC Invests $54 Million for XBRL System for Corporate Filings
The Securities and Exchange Commission in US has awarded four separate contracts totaling $54 million to develop an interactive data…
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MBA Students More Likely to Cheat, New Survey Finds
A survey of 5,331 students at 32 graduate schools in the United States and Canada found an “alarming” amount of…