Trending Topics
SECP Clears Rs. 1.5 Billion Capital Injection for HugoBank’s Digital Launch
The Securities and Exchange Commission of Pakistan (SECP) recently cleared a major hurdle for HugoBank Limited. The regulatory body officially approved the issuance of shares…
Punjab Launches Online Gateway for Property Payments
The Punjab Land Records Authority (PLRA) has launched a digital payment gateway, allowing citizens to complete property-related transactions securely online. The system introduces a six-step…
Fake Rs5,000 Notes Circulating as Traders Urged to Verify Cash
Traders in Karachi have been advised to exercise caution following reports of counterfeit Rs5,000 notes circulating in markets. According to details, multiple cases of fake…
PayPak Cards May Become Mandatory for Govt Salaries, Subsidies
1LINK has proposed making PayPak cards compulsory for salary accounts of government employees, along with subsidy programmes and public sector payments, as part of an…
Pakistani Banks Now Deducting 5-10% Withholding Tax on YouTube & Facebook Creator Earnings
Pakistani banks started withholding 5-10% tax on content creator earnings from YouTube, Facebook, and Instagram under Finance Bill 2026-27.
Rs200 Billion a Year: Senate Panel Slams Bank SMS Fee Practices
Pakistani banks have been directed to immediately stop billing customers for text message alerts they never signed up for, following disclosures that the banking sector…
SBP Buys Over $15.4 Billion From Forex Market Between 2024 and 2026
The State Bank of Pakistan (SBP) conducted net foreign exchange interventions worth $15.4 billion between June 2024 and April 2026, reflecting its continued efforts to…
Meezan Bank Loses Supreme Tax Battle to Federal Board of Revenue
Meezan Bank’s legal battle to block the super tax came to an end on July 28 when the Islamabad High Court (IHC) dismissed its constitutional…
Banks Refund Rs. 763 Million to Customers After Complaint Resolution
Commercial banks provided financial relief worth Rs. 762.76 million to customers during the first half of 2026 after the Banking Mohtasib Pakistan resolved 18,482 complaints…
SBP Keeps Policy Rate Unchanged as Inflation Risks Persist
The State Bank of Pakistan (SBP) has kept its key policy rate unchanged at 11.5 per cent, the Monetary Policy Committee (MPC) announced on Monday…
Credit Card ATM Transactions See a Sudden 44% Surge in Pakistan
Pakistan’s credit card ATM transactions just recorded the largest-ever quarterly increase. The number of circulating credit cards jumped by an astonishing 900,000 in merely three…
Pakistan Banks Attract Nearly Rs. 15 Billion in Deposits Per Day
Pakistan’s banking sector continued its strong growth trajectory in June 2026, with total deposits rising 15.2 percent year-on-year to Rs. 40.9 trillion, according to a report…
