Banking
Allied Bank myABL App Down: Complete Outage Hits Services Across Pakistan
Users all across Pakistan are facing severe financial disruptions, as Allied Bank Limited (ABL) experiences a complete backend infrastructure failure. Consequently, a major data center…
Supreme Court Rejects PoS Agents Complaint Against BISP Over ID Block
The Supreme Court has ruled that a Point-of-Sale (PoS) agent cannot invoke consumer protection law to challenge the blocking of his retailer ID by the…
How Much Tax You Pay On Prize Bond Winnings Revealed
Prize bond winners in Pakistan face a withholding tax deduction of up to 30 percent on their winning amounts, according to government regulations, with the…
LHC Sets Legal Status of Bank Data in Fake SIM Fraud Case
Lahore High Court (LHC) has ruled that confidential bank customer data qualifies as property under the law, while deciding bail petitions of two accused in…
Banks Push Single-Window Fix for PM Housing Scheme in Rawalpindi
Banks have proposed setting up a single-window documentation system at the Rawalpindi Development Authority (RDA) to simplify and speed up processing under the Prime Minister…
SBP Tightens Rules on Premium Prize Bond Settlements
The State Bank of Pakistan (SBP) has directed all commercial banks to settle Premium Prize Bond (PPB) sale transactions on the same day, according to…
Rehmat Ali Hasnie Reappointed NBP CEO Until Successor Is Named
The Government of Pakistan has reappointed Rehmat Ali Hasnie as President and Chief Executive Officer of the National Bank of Pakistan (NBP) for a further…
Govt Introduces Major Change to Hajj 2027 Payment Process
The federal government has decided to introduce a new payment system for Hajj 2027, under which all payments for the government scheme will be collected…
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…




























