SBP Directs Commercial Banks to Extend Operational Hours for Fiscal Year End Tax Collections
The State Bank of Pakistan ordered commercial banks and National Bank of Pakistan branches to observe extended working hours for year-end tax and duty collections.
SBP Communication Reforms Restructure Monetary Policy Transmission Channels
The State Bank of Pakistan announced its FY27 Monetary Policy Committee calendar alongside a restructured, hyper-transparent market communication framework.
SECP Approvals Restructure Capital Frameworks in Pakistan Microfinance Sector
Apna Microfinance Bank Limited secured apex regulatory approval to issue 116 million ordinary shares to major corporate entities to bolster its capital buffers.
National Assembly Finance Committee Rejects FBR Proposal to Share Taxpayer Information With Commercial Banks
The Standing Committee on Finance blocks a proposal for the Federal Board of Revenue to pass citizens’ personal tax data to commercial banks, prioritizing consumer financial privacy.
Securities and Exchange Commission of Pakistan Moves to Form First Financial Services Dispute Resolution Centre
The Securities and Exchange Commission of Pakistan progresses toward launching the nation’s inaugural Financial Services Dispute Resolution Centre to expedite consumer and corporate conflict resolution.
State Bank of Pakistan Cancels Operating License of Time Exchange Company
he State Bank of Pakistan has revoked the corporate authorization of Time Exchange Company Private Limited due to major regulatory compliance failures
Securities and Exchange Commission of Pakistan Introduces Advanced Dispute Resolution Hub for Financial Sector
SECP partnering with US Commercial Law Development Program to launch Special Dispute Resolution Centre aiming to expedite commercial mediation and reduce corporate litigation expenses.
National Assembly Standing Committee Rejects FBR Direct Bank Account Access as Finance Bill 2026 Debates Heat Up
The National Assembly Standing Committee on Finance rejects giving the FBR direct access to bank account data and blocks stricter penalties for tax filers.
Cabinet Committee on State Owned Enterprises Approves Core Governance Reforms and Strategic Board Appointments
The Cabinet Committee on State Owned Enterprises chaired by Finance Minister Muhammad Aurangzeb greenlights board appointments for PNSC and IRADA along with energy sector changes.
Government Declines Public Disclosure Of Revenue Impact From Proposed Fiscal Year 2027 Tax Relief Measures
The government retains tax relief data close to 360 billion rupees privately during National Assembly and Senate budget committee debates while IMF talks continue.