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SBP ex-employees seek revocation of pension circular

Khudayar Mohla – ISLAMABAD, (TLTP): Retired employees of central bank of Pakistan from twin cities of Rawalpindi and Islamabad Friday urged the governor State Bank of Pakistan (SBP) to revoke circular that precluded them from receiving pension from the central bank. Under the pretext of present outbreak of coronavirus on May 06, the SBP has […]

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SBP enhances subsidised loan limit for hospitals to Rs500m

Khudayar Mohla – KARACHI: In order to strengthen the health sector in the fight against the deadly virus, the State Bank of Pakistan (SBP) on Friday enhanced the maximum financing limit per hospital or medical centre under its refinance scheme from Rs200 million to Rs500 million. According to a series of tweets by the SBP, […]

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FBR to recommend amendment in ITO 2001 over expat remittances – Hafiz Ahsaan Khokhar  

Khudayar Mohla –  Taking measures in response to plea of an overseas citizen of Pakistan seeking benefits of certain provision of Income Tax Ordinance 2001 regarding regularization of remittances sent through money transfer companies, Federal Ombudsman office made it possible that Federal Board of Revenue will earn confidence of expats through recommending amendment in the […]