- 3 May, 2024
December 2021
SECP Issues Guidebook for Non-Bank Finance Companies to Facilitate Investors
- . December 30, 2021
As part of its objective to promote ease of doing business, the Securities and Exchange Commission of Pakistan (SECP) has issued a procedural guide on the formation and licensing of Nonbank Finance Companies (NBFCs) in order to facilitate the prospecti…
SBP Reserves Plunge by $298 Million
- . December 30, 2021
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $298 million (1.64 percent).According to the central bank’s weekly report released on Thursday, the country’s total liquid foreign exchange reserves went down…
Govt Tables Supplementary Finance Bill in National Assembly
- . December 30, 2021
The Finance Minister, Shaukat Tarin, on Thursday, presented the Supplementary Finance Bill in the parliament amid strong protest from opposition benches.The bill, dubbed the mini-budget by opposition parties, was originally scheduled to be presented in…
Supplementary Finance Bill Will Not Impact Common Man: Finance Minister
- . December 30, 2021
Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being expressed by many, that the supplementary finance bill will cause an increase in inflation. Addressing a press conference, jointly with Minister of State for…
Financial Assistance Under Kamyab Pakistan Program to Benefit 4 Million Households
- . December 30, 2021
Federal Minister for Finance and Revenue Shaukat Tarin has stated that the incumbent government has laid the foundation of a welfare state to ensure the poor do not suffer anymore and have opportunities to earn a respectable livelihood.The Minister was…
Taxes Worth Only Rs. 2 Billion to be Imposed on the Common Man in New Finance Bill
- . December 30, 2021
A Special Cabinet meeting was convened on 30 December 2021 to discuss and approve the Finance (Supplementary) Bill, 2021. Chairman Federal Board of Revenue (FBR) explained the salient features of the Bill. In his presentation, he emphasized the importa…