PkRevenue.com wishes Happy Eid-ul-Fitr 2022 Mubarak to all valuable readers and followers.
May the light of the moon fall directly on you and Allah bless you with everything you desire this day. Happy Eid! May Allah flood your life with love and happiness on this occasion, your heart with care and your mind with wisdom, wishing you Eid Mubarak. The most beautiful thing for me is to see you smiling
KARACHI: All banks and financial institute will remain closed during holidays announced by federal government for Eid-ul-Fitr.
A statement of the State Bank of Pakistan (SBP) said that it will remain closed from May 02 to May 05, 2022 (Monday to Thursday) on the occasion of Eid-ul-Fitr.
The SBP also informed about the holidays to the presidents and chief executives of all banks and microfinance banks (MFBs).
READ MORE: SBP directs all banks to open on April 30 before Eid holidays
Meanwhile, the SBP clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of April 13, 2022.
In the wake of public holidays announced by the Government of Pakistan on the occasion of Eid-ul-Fitr from 2nd to 5th May, 2022, the general public is encouraged to undertake their banking transactions on Saturday, April 30, 2022.
Further, banks have also been advised to ensure 24/7 availability of Alternate Delivery Channels (ADCs) such as ATMs, Mobile Banking and Internet Banking etc. during these Eid holidays.
KARACHI: The State Bank of Pakistan (SBP) on Thursday directed banks to remain open on Saturday April 30, 2022 to facilitate customers ahead of Eid holidays.
The central bank clarified that all banks and their branches shall remain open on Saturday, April 30, 2022 in line with SBP’s instructions embodied in BPRD Circular Letter No. 11 of April 13, 2022.
In the wake of public holidays announced by the Government of Pakistan on the occasion of Eid-ul-Fitr from 2nd to 5th May, 2022, the general public is encouraged to undertake their banking transactions on Saturday, April 30, 2022.
Further, banks have also been advised to ensure 24/7 availability of Alternate Delivery Channels (ADCs) such as ATMs, Mobile Banking and Internet Banking etc. during these Eid holidays.
PkRevenue.com wishes Happy Eid-ul-Fitr Mubarak to all valuable readers and followers.
The Central Ruet-e-Hilal Committee, responsible for sighting the moon to determine Islamic months, officially announced that the Shawal Moon has been sighted.
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KARACHI: Karachi Customs Agents Association (KCAA) has appreciated the measures taken by the tax authorities for smooth customs clearance during Eid holidays.
In a statement issued on Tuesday, the KCAA stated that the customs field formations at Karachi Ports observed normal working hours on May 8 h 2021 and remained open on 10th and 11th May in order to facilitate the trade and industry. During remaining Eid Holidays, from May 12th to 15 h May, special teams have been constituted to facilitate the import cargo.
As a result of the measures taken by the customs at the Karachi Ports, clearance of the cargo remained smooth including the food items, pharmaceutical goods and industrial raw materials.
Trade bodies engaged in clearance of import consignments have appreciated the measures taken by the FBR and Customs and the positive impact of such decisions on economy during Eid holidays and Covid-19.
KARACHI: The banks shall remain open on May 10 – 11, 2021 to facilitate general public and trade during first two Eid Holidays announced by the government from May 10, 2021 to May 15, 2021.
The State Bank of Pakistan (SBP) has already issued circular in this regard.
The central bank on May 06, 2021 issued the notification stating that in order to ensure the availability of banking services to trade and industry in particular and public in general during the extended holidays before the forthcoming Eid-ul-Fitr, it has been decided that banks shall open 50 percent of their total authorized branches dealing in foreign exchange and trade activities on 10th May, 2021 (Monday).
The SBP further said that the remaining 50 percent of such branches on 11th May, 2021 (Tuesday) from 9:00 a.m. to 2:00 p.m. (without break).
ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed customs collectorates to observe normal working hours during Eid Holidays in order to facilitate trade and industry to clearance their goods.
The FBR directed the customs station to observe normal working days on May 08, May 10 and May 11 of 2021. The FBR said that the State Bank of Pakistan (SBP) had already issued instructions to banks to open their branches on the dates mentioned above.
The customs field offices had been instructed to issue duty schedule during Eid holidays to their officers in order to ensure consignment clearance during these days, especially those consignments having perishable items.
The FBR said that port authorities, terminal operators and dry ports had been informed about the customs operations during Eid Holidays. Further, trade and industries have also been informed about the decision.
The FBR said that the decision has been taken to ensure timely customs clearance of imported goods so the industrialists meet their export orders extended Eid holidays that were announced to prevent spread of coronavirus.
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Friday hailed the State Bank of Pakistan (SBP) for allowing banks to open their branches during Eid holidays to facilitate general public.
Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Shariq Vohra appreciated the central bank for paying attention to KCCI’s legitimate demand and accordingly deciding to keep those authorized branches of banks operational on May 10th and 11th who are dealing in foreign exchange & trade activities.
“We are very grateful to the government and SBP for keeping the authorized branches operational on first two days of next week to facilitate trade & industry, particularly the exports during the extended holidays before Eid-ul-Fitr,” said Chairman BMG Zubair Motiwala.
While welcoming Sindh government’s move to keep all businesses operational on Friday and Saturday from 6am till 6pm, Chairman BMG reiterated KCCI’s demand to allow small traders and shopkeepers to keep their businesses operational throughout the remaining few days of Ramazan ul Mubarak while the business hours have to be redefined from 12am till 12pm instead of existing 6am to 6pm.
President KCCI Shariq Vohra said that SBP’s move would certainly give some breathing space to the exporters by enabling them to carry out important banking transactions and dispatch shipments either on 10th or 11th May, 2021. Although the Sindh government has issued holidays notification from May 10th to 15th but this needs to be reissued under Factories Act in which holidays should be categorically mentioned from May 12th to 15th which would help in dealing with confusion amongst many circles.
He also requested the Sindh government to allow shopkeepers to keep their businesses operational during the remaining days of Ramazan and urged the shopkeepers to ensure strict implementation of Standard Operating Procedures (SOPs) at the commercial markets.
KARACHI: The State Bank of Pakistan (SBP) on Thursday directed banks to open their 50 percent branches on May 10 and 11, 2021 during Eid holidays to facilitate trade and industry.
In a statement, the central bank said that in order to ensure the availability of banking services to trade and industry in particular and public in general during the extended holidays before the forthcoming Eid-ul-Fitr, it has been decided that banks shall open 50 percent of their total authorized branches dealing in foreign exchange and trade activities on 10th May, 2021 (Monday) while the remaining 50 percent of such branches on 11th May, 2021 (Tuesday) from 9:00 a.m. to 2:00 p.m. (without break).