SBP Clarifies Art Competition Results for New Banknote Series Design
The State Bank of Pakistan (SBP) has issued a detailed clarification regarding the results of its recent Art Competition, which…
Federal Government Announces Pension Reforms: Amendments to Family Pension and New Voluntary Retirement Penalties
In a bid to control rising expenditures, the Federal Government has introduced significant changes to its pension rules, particularly affecting…
FBR Announces First Quarterly Advance Tax Payment for Traders in October 2024
The Federal Board of Revenue (FBR) has informed traders that the first installment of quarterly advance tax for the current…
SECP and US CFTC Collaborate to Strengthen Pakistan’s Commodity Futures Market
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the U.S. Commodity Futures Trading Commission (CFTC), has launched…
PSX 100-Index Surges by 671 Points Amid Institutional Buying in Cement Sector
The Pakistan Stock Exchange (PSX) 100-Index witnessed a bullish trend on Tuesday, with a notable gain of 671.73 points, marking…
NAB Lahore Distributes Rs 1.86 Billion to Over 300 Victims of Ponzi Schemes and Housing Frauds
In a significant development aimed at addressing widespread financial fraud, the National Accountability Bureau (NAB) Lahore has distributed Rs 1.86…
SBP Cancels Industrial Development Bank’s License Due to Insolvency
The State Bank of Pakistan (SBP) has canceled the banking license of the Industrial Development Bank Limited (IDBL) following its…
FBR Registers 9,130 Retailers in Point of Sales System for Tax Compliance
The Federal Board of Revenue (FBR) has successfully integrated over 9,130 major retailers into its Point of Sales (POS) system…
SBP Announces Winners of New Currency Note Design Contest
The State Bank of Pakistan (SBP) has announced the winners of its highly anticipated Art Competition, which invited local artists…
SBP Reserves Hit Highest Level Since July 2023 Amid Global Economic Pressures
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have reached their highest level since July 2023,…

