PSO’s after Tax Profit increased by 3.8 Percent
The Pakistan State Oil (PSO) has posted sound financial results over the nine months from July, 2012 to March, 2013 with its earnings after tax increased by 3.8 percent. The Board of Management met at PSO House to review company’s performance for the first nine months of the financial year 2013. The meeting was chaired […]
New government won”t impose wealth tax: Dar
The PML-N has no intention to impose wealth tax in the 2013-14 budget. “We have no intention to impose wealth tax,” PML(N)-designated federal finance minister Ishaq Dar categorically stated, squashing reports that the new government had plans to impose wealth tax. At present, Dar is finalising the contours of next fiscal year”s budget.
Five risks associated with not using accounting software
How do you deal with your accounting? Are you all paper and folders, a spreadsheet fan or do you prefer to keep it all computerised and backed up? You may even do a mixture (it’s tricky to go completely paper-free, especially if you deal with receipts). The trouble with being completely paper-based or even using […]
Corporate Upbeat Rate Continues: SECP
The Securities and Exchange Commission of Pakistan (SECP) registered 383 new limited liability companies in March, bringing the total corporate portfolio to 61,887 companies. According to a statement issued by the Commission here Monday, compared with preceding month, 8 percent growth in corporate registration has been witnessed.> The growth witnessed is a result of persistent […]
PEW Calls For Enhanced Awareness about Software Piracy
The Pakistan Economy Watch (PEW) on Wednesday called for enhanced awareness regarding software piracy which has emerged as a threat to businesses. Governments, private sector and NGOs should turn their attention to raising awareness about rampant piracy which has become a national security threat for many countries, said President PEW Dr Murtaza Mughal. A recent […]
SECP Seeks to Cut Fees For Late Filing of Returns, Accounts
The Securities and Exchange Commission of Pakistan has proposed certain amendments to the 2003 Companies (Registration Offices) Regulations, whereby a substantial reduction in the additional fees for late submission of statutory returns, annual accounts and other documents filed by the companies has been proposed. As per current regulations, on late filing of documents, heavy additional […]
SECP Seeks to Cut Fees For Late Filing of Returns, Accounts
Teradata Corporation (NYSE: TDC), the global leader in data analytic solutions, has announced winners for 11th Teradata National Information Technology (IT) Excellence Awards at an awards ceremony held here on Saturday. Twelve Awards were bestowed on the best of the best in the information technology industry. Mohammad Tariq Malik, the Chairman National Database and Registration […]