The Securities and Exchange Commission of Pakistan (SECP) is planning to work with stakeholders for increasing the volume of Takaful… Read More
SBP Makes it Harder to Buy Cars Using Bank Financing
To curtail the import bill in the prevailing economic situation, the State Bank of Pakistan (SBP) has come up with… Read More
NBP to Shut Down its Operations in Paris
National Bank of Pakistan (NBP) has planned to shut its branch operations in the capital of France, Paris. The board… Read More
SBP Jacks Up Mark-Up Rate by 2% on Export Finance Scheme
The State Bank of Pakistan has jacked up the mark-up rate for financing under Export Finance Scheme (EFS) by 200… Read More
SBP Raises Interest Rate by 1.50%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday raised the policy rate by 150 basis points… Read More
FBR Illegally Exempts Diplomatic Imports from Sales Tax
The Federal Board of Revenue (FBR) has overstepped its legal domain by unilaterally restoring sales tax exemption on imports by… Read More
FBR Fails to Implement Track and Trace System in Tobacco Sector
The Federal Board of Revenue (FBR) has failed to install the Track and Trace system in the tobacco sector despite… Read More
Banks Consider Filing Review Petition On Riba Case
A few commercial banks are mulling filing a review petition in the Supreme Court of Pakistan (SC) on the verdict… Read More
Govt Likely to Enhance Provincial Sanctioning Powers for Development Projects
The federal government is considering enhancing provincial planning ministries’ sanctioning powers to Rs. 20 billion for development projects. It has… Read More
Millions of Cats, Dogs and Zoo Animals Could Die as Govt Bans Pet Food Import
Pet owners and animal carers across Pakistan are in shock after learning that the ban on ‘non-essential and luxury’ items… Read More
Govt to Present Budget 2022-23 on June 10
The coalition government has announced the date for the submission of the budget for the fiscal year 2022-23 in the… Read More
State Bank to Announce Monetary Policy On Monday
The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, May 23, 2022, in Karachi… Read More
