News
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ICAI recruiting thousands of accountants for GE India
A giant finance and accounting services outsourcing project appears to be headed towards India, with the Institute of Chartered Accountants…
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Three percent further tax may go in next budget: supplies to unregistered persons
ISLAMABAD (May 17 2004): The Central Board of Revenue (CBR) is seriously considering abolition of 3 percent 'further tax' on…
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PIA's switching over to different accounting system causes unrest in travel trade
KARACHI (May 20 2004): The switch over by Pakistan International Airlines (PIA) to Quasar Accounting System (QAS) from May 1…
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Reduced and uniform rate of GST proposed
ISLAMABAD (May 20 2004): Ministry of Industries and Production has proposed reduction and uniform rate of general sales tax (GST)…
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Guidelines issued to banks and DFIs on CRM
KARACHI (May 19 2004): The State Bank has issued guidelines on 'Country Risk Management' in the wake of rapidly changing…
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Financing scheme for export-oriented projects launched
KARACHI (May 19 2004): The State Bank on Tuesday launched a new scheme for 'Long-Term Financing of Export Oriented Projects'…
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ICAP – Final schedule for Summer 2004 examination announced
The Institute of Chartered Accountants of Pakistan (ICAP) has announced the final examination program for Module E and F Summer…
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IASB Publishes Proposals for a Limited Amendment to its Standard on Business Combinations
The International Accounting Standards Board (IASB) has published for public comment proposals for a limited amendment to IFRS 3 Business…
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CBR orders recovery of duties from oil exploration companies
ISLAMABAD (May 10 2004): The Central Board of Revenue (CBR) has ordered recovery of duties and taxes on the disputed…
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Audit parameters irk taxpayers
KARACHI: The Central Board of Revenue (CBR) while setting parameters for carrying out audit Under Section 177 of the Income…
