Karachi, March 10, 2025 – The inflow of workers’ remittances has surged by an impressive 32.5% during the first eight months (July–February) of the fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Monday.
(more…)Author: Shahnawaz Akhter
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Business Community Criticizes SBP for Unchanged Policy Rate
Karachi: The business, industrial, and trade community of Pakistan has expressed strong dissatisfaction with the State Bank of Pakistan’s (SBP) decision to keep the policy rate unchanged during its recent Monetary Policy Committee (MPC) meeting.
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SBP Holds Policy Rate at 12% to Counter Inflationary Risks
Karachi, March 10, 2025 – The State Bank of Pakistan (SBP) announced on Monday that it will maintain the benchmark policy rate at 12%, citing the need to manage inflationary pressures amid evolving economic conditions.
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KCCI Warns of Membership Cancellation for Non-Renewal
Karachi, March 10, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has issued a stern reminder to its members, urging them to renew their memberships before the deadline to prevent cancellation.
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SBP May Cut Policy Rate Amid Decade-Low Inflation
Karachi, March 9, 2025 – The State Bank of Pakistan (SBP) is set to unveil its latest monetary policy statement on Monday, March 10, 2025. The central bank’s Monetary Policy Committee (MPC) will deliberate on potential adjustments to the benchmark policy rate amid an economic landscape marked by decade-low inflation.
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Investment in Premium Prize Bonds Surges 13.21%
Karachi, March 9, 2025 – Investment in premium prize bonds has witnessed a significant surge of 13.21% over the past year, ending on January 31, 2025, according to the latest data released by the State Bank of Pakistan (SBP).
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CDNS Announces Draw Schedule 2025 for Premium Prize Bonds
Islamabad: The Central Directorate of National Savings (CDNS) has officially announced the draw schedule for premium prize bonds for the year 2025. This announcement brings anticipation for investors who have placed their savings in premium prize bonds, offering lucrative prizes and periodic profit payments.
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FBR Unveils Procedure to Calculate Taxable Income
The Federal Board of Revenue (FBR), Pakistan’s premier tax regulatory authority, has introduced a detailed procedure for determining taxable income.
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PSX in Green: Expectations for the Coming Week
Karachi, March 8, 2025 – The Pakistan Stock Exchange (PSX) is expected to maintain its positive momentum in the upcoming week, driven by key economic developments and investor optimism, analysts said.
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FBR Issues SRO 301 to Implement Key Changes in EFS
Islamabad – The Federal Board of Revenue (FBR) has issued SRO 301(I)/2025, introducing significant amendments to the Export Facilitation Scheme (EFS) and modifying key aspects of the Customs Rules, 2001.
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