News
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Atlas Group takes over Dawood Bank
KARACHI (November 30 2005): Atlas Group has taken over Dawood Bank Ltd in Karachi on Tuesday. According to market sources,…
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SBP announces 'Basic Banking Accounts' scheme
KARACHI (November 30 2005): The State Bank of Pakistan (SBP) has introduced 'Basic Banking Account' (BBA) to help the poor…
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Clearance allowed at both Karachi ports: relief to liquid cargo importers
ISLAMABAD (November 30 2005): The Central Board of Revenue (CBR) has allowed the importers to clear liquid bulk cargo like…
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PriceWaterhouseCoopers (PwC) Study: Fraud Mostly Detected by Chance
Despite tough regulations aimed at improving corporate governance, financial fraud is still on the rise around the world, and most…
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Dubai Islamic Bank granted Islamic banking licence
KARACHI (November 27 2005): The State Bank of Pakistan (SBP) has granted Islamic banking licence to Dubai Islamic Bank Pakistan…
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CBR creates new senior posts for 'Vigilance Unit'
ISLAMABAD (November 27 2005): The Central Board of Revenue (CBR) has created new posts of 'senior tax officials' within the…
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Duty and GST on LPG import may be abolished
ISLAMABAD (November 25 2005): The Economic Co-ordination Committee (ECC) of the Cabinet is likely to abolish 5 percent customs duty…
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SHC dismisses bourses' plea against electronic exchange registration
KARACHI (November 26 2005): The Sindh High Court has dismissed the stay application filed by the three stock exchanges to…
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CICA welcomes 1,862 candidates who passed Uniform Evaluation (UFE)
Kevin Johnston of PricewaterhouseCoopers LLP in Calgary, Alberta has been awarded the Governor General’s Gold Medal and the Chartered Accountants…
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Under-valuation of imported goods to be tackled through Chinese data
ISLAMABAD (November 23 2005): The Central Board of Revenue (CBR) has decided to tackle the problem of under-valuation of imported…