News
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IMA Launches CMA Exam Pilot Period
The Institute of Management Accountants (IMA) has launched a pilot program for the Certified Management Accountant (CMA) certification program. The…
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CFA Exam Global Enrollment Exceeds 83,000
More than 83,000 current and aspiring investment professionals from 141 nations and territories were enrolled to sit for one of…
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Profits on COIs issued by Investment Banks exempt from tax
ISLAMABAD (July 20 2004): The Central Board of Revenue (CBR) has clarified that the profit earned on Certificates of Investment…
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Duty on pharma raw materials slashed
ISLAMABAD (July 17 2004): To encourage investment in pharmaceutical sector, the Central Board of Revenue (CBR) has slashed custom duty…
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Fertiliser values for sales tax assessment reduced
ISLAMABAD (July 17 2004): To benefit farming community, the federal government has reduced the value of phosphoric fertilisers for assessment…
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Rules for issuing shares unveiled
KARAHI (July 17 2004): The Securities and Exchange Commission of Pakistan (SECP) has issued detailed guidelines on issuing shares at…
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Procedure for imports clearance fine-tuned
ISLAMABAD (July 12 2004): To streamline imports clearance procedure, the Central Board of Revenue (CBR) has announced that importers will…
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Chartered accountants to discuss networking, mergers
“Networking, mergers and brand promotion of professional firms” will be among the themes of focus at a two-day all-India conference…
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Suit against E&Y ruled to be without merit
A three-judge panel in Chicago, USA has ruled that a $2 billion federal lawsuit against Ernst & Young in connection…
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US accounting rules blamed for software slump
Chief financial officers rushing to comply with Sarbanes-Oxley accounting rules in the US may have little time to sign off…
