Trending Topics
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…
Samsung Launches Galaxy Credit Card With Up to 5 Percent Cash Back
Samsung Electronics has launched its first co-branded credit card in the United States in partnership with Barclays, marking a major step in the companies expansion…
Govt Picks Bank Consortiums for Pakistan Eurobond, Sukuk Plans
Pakistan has appointed consortiums of major international banks to lead its Global Medium-Term Note (GMTN) and international Sukuk programmes, a move that sets the stage…
Pakistan Banks Expected to Report Lower Q2 2026 Profits
Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of unusually high capital gains recorded by…
Punjab Orders Travel Agents to Collect 8 Percent Tax on Card Transactions
The Punjab Revenue Authority (PRA) has ordered travel agents across the province to collect an 8 percent tax on transactions made through credit cards, according…
