Karachi, February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the taxation regime simple, convenient and hassle-free for Non Resident Pakistanis (NRPs) maintaining Roshan Digital Accounts (RDAs). The amendments simplify…
Islamabad, July 6, 2020: JazzCash is now serving more than eight million monthly active mobile account users making it Pakistan’s number 1 Mobile account. This milestone was reached after the digital payment platform reported a 41 percent increase in its monthly active mobile account users in comparison to last year. This growth has been possible due…
Karachi, October 24, 2019: Realizing difficulties being faced by overseas Pakistan in operating their bank accounts due to non-biometric verification of their accounts, State Bank of Pakistan has issued detailed instructions on the alternate arrangement to facilitate their biometric verification. It may be mentioned here that as per alternate arrangement, overseas Pakistanis may approach their…
Karachi, October 24, 2019: FrieslandCampina Engro Pakistan Limited (FCEPL), believes in winning trust through transparency. FCEPL invited Mr. Omer Tanvir Butt, Chairman Punjab Food Authority and Sayed Yawar Bukhari, Chairman Public Accounts Committee, for a visit to Sahiwal Plant. The purpose of this visit was to maintain complete transparency and familiarize them with the entire…
Lahore, June 3, 2019: Central Depository Company has urged businessmen who have opted for Sales Tax Refund payments through Refund Bonds to urgently open up Sub Account or Investor Account with Central Depository Company of Pakistan Limited (CDC) in order to get Sales Tax Refund payments through Refund Bonds. Out of total 600 sales tax refunds claimants, Around 200…