Finance

This is a category description…

PSX set new records to crosses 61,000 Points of 100 index

PSX set new records to crosses 61,000 Points of 100 index

The benchmark index of the Pakistan Stock Exchange continued its bullish run on Wednesday(Nov 29) to cross the 61,000 barrier in a record high.

Financial literacy and customer awareness can reduce the financial crimes: Sirajuddin Aziz

Financial literacy and customer awareness can reduce the financial crimes: Sirajuddin Aziz

Technological solutions and customer awareness are two crucial aspects of combating the rising incidents of financial crimes across the country, said Federal Banking Ombudsman Sirajuddin Aziz.

Mobilink Bank secures Best Bank for Inclusion Award at PBA 2023

Mobilink Bank secures Best Bank for Inclusion Award at PBA 2023

Mobilink Bank has won the prestigious title of Best Bank for Inclusion at the Pakistan Banking Awards (PBA) 2023, held at Pearl Continental Hotel, Karachi, November 24.

Demand to State Bank set up a gold bank, to regulate prices of gold: Gold & Gems President Muhammad Ahmed

Demand to State Bank set up a gold bank, to regulate prices of gold: Gold & Gems President Muhammad Ahmed

Gold & Gems Art Promotion Council of Pakistan  (GGAPCP) President Muhammad Ahmed has demanded Caretaker Federal Finance Minister Dr Shamshad Akhtar and State Bank of Pakistan Governor Jameel Ahmed to set up a gold bank at national level for dealing with fluctuation in gold prices.

Banks Pay 40% additional tax on windfall income, profits, and gains during 2021-22 of by Nov 30: FBR

Banks Pay 40% additional tax on windfall income, profits, and gains during 2021-22 of by Nov 30: FBR

The Federal Board of Revenue has issued a notification for financial institutions to settle the payment of a 40% additional tax on windfall income, profits, and gains for transactions that occurred in 2021 and 2022, as stated by a source on November 22.

Donor agencies to release $1.5 quick financial assistance after SBA approval by IMF board: Dr. Shamshad Akhtar

Donor agencies to release $1.5 quick financial assistance after SBA approval by IMF board: Dr. Shamshad Akhtar

Federal Minister for Finance and Revenue, Dr. Shamshad Akhtar said that Pakistan would get quick disbursement of financial assistance from various multilateral institutions once the first review of the Stand-By Arrangement (SBA) is approved by the International Monetary Fund (IMF) Executive Board next month.

FBR asked to get rectify errors in filing ST returns

FBR asked to get rectify errors in filing ST returns

President Karachi Chamber of Commerce & Industry Iftikhar Ahmed Sheikh has asked the FBR to issue directives for rectifying the technical errors being suffered by the filers of Sales Tax Return who have been facing a lot of problems in filing their Sales Tax Returns since last three months.

Eastnets to host a conference on “Financial Crime in the Digital Age”

Eastnets to host a conference on “Financial Crime in the Digital Age”

Eastnets, a global provider of compliance and payment solutions for the financial services sector, will host a conference on “Financial Crime in the Digital Age” on November 25 at the Pearl-Continental Hotel in Karachi.

Governor SBP highlights of next five year bank’s vision

Governor SBP highlights of next five year bank’s vision

Governor SBP highlighted that SBP Vision 2028 represents SBP’s commitment to foster price and financial stability and to contribute in a sustainable economic development of the country.

SECP watch Insurance Premium projected growth 129% to1,221Billion by 2028

SECP watch Insurance Premium projected growth 129% to1,221Billion by 2028

The Securities and Exchange Commission of Pakistan is all set to boost the premium for the insurance sector by around 129.8 per cent from existing Rs 533 billion to Rs. 1,221 billion in the next five years.