Category: Exclusive

Exclusive news, reports, and stories featuring first-hand information, special coverage, and in-depth insights not available elsewhere.

  • Sabrina Carpenter Praises Taylor Swift as Her Guiding Inspiration

    Sabrina Carpenter Praises Taylor Swift as Her Guiding Inspiration

    Sabrina Carpenter has openly expressed her admiration for Taylor Swift, calling the music icon her “role model” and praising her for being gracious and supportive throughout her career. During an exclusive interview on CBS This Morning, Carpenter, 25, discussed the influence Swift, 34, has had on her journey, especially after performing as the opening act on Swift’s Eras Tour earlier this year.

    (more…)
  • Bitcoin BTC Price in USD and PKR on August 15, 2024

    Bitcoin BTC Price in USD and PKR on August 15, 2024

    On August 15, 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:

    (more…)
  • President Approves Ad hoc Relief Allowance for Govt Employees

    President Approves Ad hoc Relief Allowance for Govt Employees

    Islamabad, July 11, 2024 – The President of Pakistan has sanctioned an Ad hoc Relief Allowance for government employees, effective from July 1, 2024. This initiative, announced by the Finance Division, will benefit federal government employees, including Armed Forces personnel, Civil Armed Forces, Civil Employees, and civilians paid from defense estimates, encompassing contingent paid staff and contract employees.

    (more…)
  • Gold Prices Climb by Rs 600 in Karachi Amid Global Trends

    Gold Prices Climb by Rs 600 in Karachi Amid Global Trends

    Karachi, July 10, 2024 – Gold prices surged by Rs 600 on Wednesday in the Karachi bullion market, mirroring trends in the international markets.

    (more…)
  • Pakistan Clinch Volleyball Series Against Australia

    Pakistan Clinch Volleyball Series Against Australia

    PkRevenue.com – Pakistan triumphed in the Sarsabz Volleyball Series 2024, securing the series against Australia with a decisive victory in the second match held at the Liaquat Gymnasium of Pakistan Sports Complex on Wednesday.

    (more…)
  • Messi Delivers Record Five Assists in Inter Miami’s 6-1 Victory

    Messi Delivers Record Five Assists in Inter Miami’s 6-1 Victory

    Lionel Messi orchestrated a football masterclass, setting a new Major League Soccer (MLS) record by delivering five assists in a single match, propelling Inter Miami to a dominant 6-1 victory over New York Red Bulls at Chase Stadium on Saturday.

    (more…)
  • Nadal Triumphs Over De Minaur in Madrid Open

    Nadal Triumphs Over De Minaur in Madrid Open

    Rafael Nadal, the Spanish tennis legend, marked a significant return to form at the Mutua Madrid Open by defeating Australian player Alex de Minaur with scores of 7-6 (6), 6-3 in a gripping second-round match.

    (more…)
  • Pakistani Footballers Face Financial Struggles Ahead of FIFA World Cup 2026 Qualifier

    Pakistani Footballers Face Financial Struggles Ahead of FIFA World Cup 2026 Qualifier

    As the pivotal FIFA Men’s World Cup 2026 Qualifier against Cambodia looms in October, Pakistani footballers find themselves grappling with significant financial challenges. These financial hurdles have become a growing cause for concern within the sports community.

    (more…)
  • LTO Karachi hopes to achieve revenue collection target for 2022-2023

    LTO Karachi hopes to achieve revenue collection target for 2022-2023

    The Federal Board of Revenue (FBR) has recently appointed Sajidullah Siddiqui, a senior BS-21 officer, as the Chief Commissioner Inland Revenue of Large Taxpayers Office (LTO) Karachi.

    (more…)
  • SBP imposes Rs1.45 billion penalty on 18 banks in 2021

    SBP imposes Rs1.45 billion penalty on 18 banks in 2021

    KARACHI: The State Bank of Pakistan (SBP) has imposed Rs1.45 billion as monetary penalty on 18 financial institutions for violating regulatory provisions during the year ended December 31, 2021.

    According to data compiled by PkRevenue.com related to significant action taken during the year 2021, the SBP imposed Rs1.45 billion as monetary penalty on 18 financial institutions.

    The central bank issues data of significant actions against banks on quarterly basis. The detail of imposition of monetary penalty during each quarter of 2021 is as: January – March, Rs 97.6 million; April – June, Rs 525.25 million; July – June, Rs465.04 million; and October – December Rs58 million.

    READ MORE: SBP imposes penalty of Rs58 million on five banks

    The banks mostly violated regulatory provisions related to foreign exchange and general banking operations. Further, banks were also found violating instruction pertaining to anti-money laundering (AML) and counter financing of terrorism (CFT).

    Besides, the banks had also violated instructions pertaining to customer due diligence (CDD) and know your customer (KYC).

    READ MORE: SBP slaps Rs280 million penalty on National Bank

    The details of penalty imposed on 18 banks is as follow:

    01. Habib Bank Limited: Rs39.77 million

    02. MCB Bank: Rs299.1 million

    03. MCB Islamic Bank Limited: Rs 37.1 million

    04. United Bank Limited: Rs49 million

    05. Bank Alfalah Limited: Rs11.1 million

    READ MORE: SBP imposes monetary penalty on eight banks

    06. First Women Bank Limited: Rs31.57 million

    07. Sindh Bank Limited: Rs62.18 million

    08. Soneri Bank Limited: Rs12.6 million

    09. Zarai Taraqiati Bank Limited: Rs75.76 million

    10. The Punjab Provincial Cooperative Bank Limited: Rs32.5 million

    11. Pak Brunai Investment Company Limited: Rs10.45 million

    12. National Bank of Pakistan (NBP): Rs291 million

    READ MORE: Habib Bank pays penalty of Rs42.2 million to SBP

    13. Silk Bank Limited: Rs132.44 million

    14. Industrial and Commercial Bank of China-Pakistan Branches: Rs13.54 million

    15. Bank Alhabib Limited: Rs 13.68 million

    16. The Bank of Punjab: Rs 12.54 million

    17. Standard Chartered Bank (Pakistan) Limited: Rs11.04 million

    18. Askari Bank Limited: Rs10.3 million