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SBP enhances scope of its Renewable Energy Refinance Scheme to encourage production of clean energy

Karachi, July 22, 2020: State Bank of Pakistan (SBP) has enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies. In light of the feedback received from stakeholders, the size of the project established by vendor/ supplier/ energy…

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Tax regime for non-residents simplified to encourage

Investment in long-term debt securities Karachi,  January 02, 2020: Amendments in the Income Tax Ordinance, 2001 have been issued to simplify the tax regime for non-resident companies investing in debt instruments and Government securities. These amendments aim to deepen our capital markets, support availability of long term rupee financing sources, support competition in the local…

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PMPKL & NOWPDP partner to encourage inclusion

Karachi, December 24, 2019: Philip Morris (Pakistan) Limited (PMKPL) and NOWPDP have joined hands in an effort to encourage the employment of people with disabilities. This alliance aims to empower people with disabilities and to institutionalize inclusion in the workplace. Under this project, PMPKL and NOWPDP have agreed to target three objectives Accessibility, Sensitization and Employment….

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