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SBP Maintains Policy Rate at 11%
The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at 11% following the Monetary Policy Committee (MPC)…
Faceless Customs System Causes Rs100bn Loss in Three Months
The Faceless Customs Assessment (FCA) system, launched by Prime Minister Shehbaz Sharif in Karachi last year to combat corruption, has caused a staggering Rs100 billion…
FBR Deploys New IRIS Registry Version for Taxpayers
The Federal Board of Revenue (FBR) has announced the successful deployment of a new registry version on its IRIS portal, aimed at improving efficiency and…
Rs200 Prize Bond Draw Result Announced for September 2025
The National Savings division has announced the results of the Rs200 Prize Bond Draw held in Multan on Monday, September 15, 2025. Thousands of bondholders…
How Pakistani Sattar Buksh Win Trademark Case Against Starbucks
A cafe in Karachi has won a high-profile trademark case against Starbucks. The cafe is called Sattar Buksh. The owners opened the business in 2013…
Floods Fuel Inflation as SBP Expected to Hold Rate
Pakistan is expected to hold its policy rate as floods push food prices higher and complicate monetary decisions. A Reuters poll of 14 analysts showed…
FBR Introduces Whistleblowing System to Track Tax Evasion, Reward Tips
The Federal Board of Revenue (FBR) is launching a whistleblowing system to find tax evasion and to reward successful reporters. The system will allow citizens…
Moody’s Lifts Pakistan Rating to Caa1 and Stable Outlook
Moody’s has raised Pakistan one notch to Caa1 and assigned a stable outlook. The move reflects a clearer external position and measurable progress under the…
SECP Draft Actuarial Valuation Rules 2025 Released
The Securities and Exchange Commission of Pakistan (SECP) has released the draft Actuarial Valuation Rules, 2025 for public feedback, marking a key step to strengthen…
Pakistan Launches Trial of National Digital Currency
The State Bank of Pakistan (SBP) has officially started the trial phase of its central bank digital currency (CBDC), marking a significant step toward modernizing…
FBR Resolves Major Income Tax Portal Bug for Salaried Class
The Federal Board of Revenue (FBR) has resolved a significant technical issue in its income tax return filing system affecting the salaried class. The bug,…
SBP Foreign Exchange Reserves Rise to $14.34 Billion
The State Bank of Pakistan (SBP) reported a modest rise in its foreign exchange reserves, which increased by $34 million to reach $14.34 billion as…
