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Tag: duty

State Bank of Pakistan

Non-acceptance of duty, taxes: SBP launches surprise inspection of bank branches

April 15, 2019April 13, 2021Faisal Shahnawaz

KARACHI: State Bank of Pakistan (SBP) has launched surprise inspection of bank branches across the country on complaints received from taxpayers that banks were not accepting duty, taxes through over the counter (OTC). In a circular issued on Monday, the SBP said that banks are required to enable their OTC Channel for collection of taxes […]

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