The IT, technological, and financial service providers will now be allowed to set up or sponsor a digital bank, as the State Bank of Pakistan (SBP) has launched its new licensing and regulatory framework. SBP will accept applications till March 31 and …
Habib Bank Limited (HBL), Pakistan’s largest and most profitable bank, has once again left its customers in a lurch with either interrupted or no service at branches, ATMs, online, and related mobile banking channels.The system of HBL has yet again col…
The federal government has decided to establish an institute, called the National Institute of Intelligence and Security Studies (NISS), at Quaid-e-Azam University (QAU).Sources told ProPakistani that the federal cabinet on Tuesday approved the proposa…
The Pakistani Rupee (PKR) has kicked off 2022 by reversing last week’s gains against the US Dollar (USD) in the interbank market today. It depreciated by 23 paisas against the greenback after hitting an intra-day high of Rs. 176.1 against the latter du…
2021 was a monumental year for the Pakistani startup ecosystem. A large number of startups raised multiple rounds in the year including the likes of Bazaar, Abhi, TAG, and many more helping the ecosystem raise 450 per cent more than 2020.Looking back a…
The Auditor General of Pakistan (AGP) has unearthed massive irregularities in the National Bank of Pakistan (NBP) from 2012 to 2020, causing the national exchequer a loss of over Rs. 235 billion.According to details, the audit has been carried out by t…
The Financial Action Task Force (FATF) has sought the list of business persons registered with tax departments using forged CNIC. FBR has acquired some details about such business persons using forged CNICs, enabling money laundering.According to FBR s…
Prime Minister Imran Khan has paid Rs. 9.85 million in taxes, according to official numbers. Opposition leader Shahbaz Sharif paid Rs. 8.2 million in taxes. Asif Ali Zardari paid Rs. 2.2 million, while Bilawal Bhutto Zardari paid just Rs. 0.535 million…
The Federal Board of Revenue (FBR) launched the Parliamentarians’ Tax Directory for Tax Year 2019 in a special ceremony organized at FBR Headquarters on Monday.Federal Minister for Finance and Revenue, Shaukat Fayaz Ahmed Tarin, who was the chief guest…
The Chief Minister of Punjab, Usman Buzdar, has just paid Rs. 2,000 in tax out of a total income of Rs. 0.938 million.According to a revised tax directory issued in principle by the Federal Board of Revenue (FBR), Buzdar has just paid Rs. 2,000 in tax …
Islamabad: President Azad Kashmir Barrister Sultan Mahmood Chaudhry has called upon the Kashmiri expatriate community
Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed the authorities concerned to expedite action against
Islamabad: Finance Minister Muhammad Aurangzeb has stated that the government’s prudent economic policies have led
ISLAMABAD: Chinese Special Envoy on Afghan Affairs, Ambassador Yue Xiaoyong, met with Pakistan’s Foreign Secretary
Lahore: Minister for Information and Broadcasting Attaullah Tarar has taken a strong exception to PTI
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Copyright © 2024 Pakistan Press Release Point. All rights reserved.
