News
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IAASB issues revised ISA which calls on auditors to plan audits more rigorously
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released a revised International…
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IAASB Proposes Enhancements to its Due Process and Working Procedures
As part of its ongoing commitment to develop high quality international standards, the International Auditing and Assurance Standards Board (IAASB)…
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IASB publishes Exposure Draft on Financial Instrument Disclosures
The International Accounting Standards Board (IASB) has published proposals to improve disclosures about financial instruments in financial statements. The proposals…
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CBR seeks companies data from SECP to trace non-filers
ISLAMABAD (July 28 2004): In a major move to expand the tax net, the Central Board of Revenue (CBR) has…
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Sales tax collectors can condone time limit
ISLAMABAD (July 28 2004): Taking a relief measure to facilitate the business community, the Central Board of Revenue (CBR) has…
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SECP notifies accounting standards, Companies Ordinance 4th Schedule revised
KARACHI (July 28 2004): The Securities and Exchange Commission of Pakistan (SECP) has notified revised Fourth Schedule to Companies Ordinance,…
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Duty drawback rates on hosiery items reduced
ISLAMABAD (July 27 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of hosiery…
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Drawback rates on PSF-based textile items export raised
ISLAMABAD (July 23 2004): The Central Board of Revenue (CBR) has decided to increase duty drawback rates on the export…
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Four categories of shipping agents to pay fixed CED
ISLAMABAD (July 23 2004): The Central Board of Revenue (CBR) has announced that four categories of shipping agents, including non-vessel…
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Member ICMAP Council appointed Secretary, Ministry of Education
Mr. Sajid Hassan, Member, ICMAP National Council has been elevated to the post of Federal Secretary, Ministry of Education, Government…