Starting up a new business is a daunting task, and one of the toughest things in the past was getting… Read More
Exchanges Mandated to Keep CNIC Details for Sale and Purchases Over $500
By Abdul Rahman & Jehangir Nasir In anti-money laundering efforts, State Bank of Pakistan (SBP), on Tuesday, made it mandatory… Read More
FBR Gives 15 Day Deadline for Banks, Brokerages to Give Financial Data of Foreign Customers
The Federal Board of Revenue (FBR) has given a 15-day deadline to banks and brokerages to provide financial data of… Read More
SBP Reveals Auditor’s Report on Due Diligence & Valuation of KASB Bank
State Bank of Pakistan (SBP) has publicly revealed the documents of deal related to the merger of KASB Bank with… Read More
Govt’s Hasty Appointment of Shaukat Hussain as SECP Chairman Raises Eyebrows
The Federal Government has appointed Shaukat Hussain as the new Chairman SECP. With the appointment, the process started two days… Read More
P@SHA Wins Major Government Incentives for the IT Industry
Today, the Pakistan Software Houses Association (P@SHA) won a major incentives package for the IT industry, announced personally by Prime… Read More
SECP & 1Link Sign Agreement to Facilitate Ease of Doing Business
As part of its business reforms agenda, SECP and 1Link (Guarantee) Limited on Thursday signed an agreement to develop a facility… Read More
FBR Wants to Tax Revenue Earned by Digital Companies Like Google & Facebook in Pakistan
Pakistan has proposed to tax the tech giants like Facebook and Google to expand country’s tax net to foreign entities.… Read More
SECP Gets Elected to the International Organization of Securities Commissions (IOSCO) Board
The Securities and Exchange Commission of Pakistan (SECP) has been elected to the International Organization of Securities Commissions (IOSCO) Board… Read More
Meezan Bank Now Offers a One-Window Solution for e-Dividend Payments
Meezan Bank has become the first Islamic Bank in the country to comply with Central Depository Company (CDC) Regulations regarding… Read More
Shell Banned in Pakistan for Tax Evasion [Update]
by Jehangir Nasir & Raja Kamran The Federal Board of Revenue (FBR), on Thursday, suspended sales tax registration of Shell… Read More
Banks Need to Immediately Inform SBP About Rumors on Social Media
State Bank of Pakistan (SBP) has directed all commercial banks to immediately inform the SBP in case they notice any… Read More
