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bank accounts

NTISB issues advisory amid surging financial, banking scams

ISLAMABAD: Admitting massive increase in banking/ financial frauds, the National Telecommunication and Information...

Updated 04 Sep, 2023 09:00am

Meeting revenue collection targets: IR officials accused of attaching bank accounts

ISLAMABAD: The Inland Revenue field formations have been accused of attaching the bank accounts of different...

Updated 21 Jun, 2023 08:57am

Investment or deposit: Transfer of public moneys to other bank accounts banned

ISLAMABAD: The Ministry of Finance (MoF) has imposed a ban on transfer of public moneys for investment or deposit...

Updated 07 Apr, 2023 08:49am

Business & Finance

KATI welcomes SBP for removing CMR condition on imported goods

KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank’s...

Published 01 Apr, 2023 06:21am

Over 200 super rich people in Karachi: Recovery proceedings initiated

ISLAMABAD: The government has initiated recovery proceedings against over 200 super-rich people of Karachi, who were...

Updated 18 Mar, 2023 02:08pm

Business & Finance

FBR’s audit wings accused of violating law on attaching taxpayers’ bank accounts

LAHORE: The audit wings of the Federal Board of Revenue (FBR) are violating law related to attachment of bank...

Published 01 Mar, 2023 06:21am

FBR to check benami transactions of civil servants

ISLAMABAD: To check money laundering and Benami transactions, the government has finally allowed banks to access...

Updated 06 Feb, 2023 09:10am

Foreign authorities seeking properties/bank accounts info: FBR won’t intimate concerned taxpayer about request

ISLAMABAD: The Federal Board of Revenue (FBR) will not intimate the concerned taxpayer about the request received...

Updated 05 Feb, 2023 05:36pm

‘Rules’ allow banks to seek asset details of civil servants

ISLAMABAD: The “Sharing of Declaration of Assets of Civil Servants Rules, 2023” allows commercial banks to seek...

Updated 04 Feb, 2023 09:28am

Business & Finance

Bank attachments: Absence of grievance redressal system irks taxpayers

LAHORE: Absence of grievance redressal mechanism for benefit of persons whose funds were wrongfully appropriated by...

Published 25 Jan, 2023 06:25am

World

Russia to retaliate after RT accounts frozen in France: reports

MOSCOW: Moscow will retaliate against French media in Russia after the bank accounts of RT France, the French arm of...

Published 21 Jan, 2023 03:38pm

Business & Finance

Bank accounts: SBP advises banks to facilitate mosques

KARACHI: The State Bank of Pakistan (SBP) has advised banks to facilitate mosques (Masajid) in opening of bank...

Published 20 Jan, 2023 06:10am

Business & Finance

In bid to enhance recovery, FBR speeds up issuing of notices to taxpayers

LAHORE: The Federal Board of Revenue (FBR) has sped up issuing of notices to taxpayers to enhance recovery efforts ...

Published 05 Jan, 2023 05:58am

Markets

Pakistan ‘treading path’ to launching its own digital currency: SBP

Central bank governor Jameel Ahmed weighing cost and benefits of this venture

Updated 24 Nov, 2022 07:11pm

PKR consideration of CE transactions thru bank accounts made mandatory

KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of...

Updated 01 Oct, 2022 11:04am

World

Palestinians working in Israel strike over demand for bank accounts

TULKARM, (West Bank): Tens of thousands of Palestinians employed in Israel staged a one-day strike on Sunday in...

Published 22 Aug, 2022 06:33am

Pakistan

Punjab prisons: inmates being enabled to open bank accounts

LAHORE: The Bank of Punjab (BoP) has been entered into an agreement with the Punjab Prisons department for opening ...

Published 19 Aug, 2022 06:39am

Pakistan

Banker booked for ‘hindering’ tax recovery

LAHORE: The Regional Tax office (RTO) Lahore has got First Information Report (FIR) registered against a banker for...

Updated 12 Apr, 2022 10:58am

Recovery of advance tax: NHA challenges FBR’s bank account attachment move

ISLAMABAD: The National Highways Authority (NHA) has challenged the Federal Board of Revenue’s move of attachment...

Updated 08 Apr, 2022 10:17am

Business & Finance

SSGC: LTO Karachi attaches bank accounts

KARACHI: Large Taxpayers Office (LTO), Karachi has attached all bank accounts of Sui Southern Gas Company Limited...

Published 24 Feb, 2022 06:34am

Business & Finance

53 bank accounts of airline attached by LTO Karachi

KARACHI: Large Taxpayers Office (LTO), Karachi, has attached 53 bank accounts of Pakistan International Airline ...

Published 26 Jan, 2022 04:42am

Markets

Roshan Digital Account: Inflows climb above $2.9bn in November this year

State Bank of Pakistan says 299,676 accounts have been opened so far from across 175 countries

Updated 09 Dec, 2021 03:25pm

Business & Finance

NBPG-ETF announces Re0.8000/unit interim cash dividend

KARACHI: NBP Pakistan Growth Exchange Traded Fund (NBPG-ETF) has announced an interim cash dividend of Re 0.8000 per...

Published 06 Jul, 2021 03:48am

BR Research

IBFT waiver: Gone too soon

One of the good steps taken by SBP to combat covid last year was waiving the fee on Inter-Bank Funds Transfers...

Published 18 Jun, 2021 07:25am

Business & Finance

Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

As part of the plan, the bank has committed to locating 100 branches in low-to-middle income neighborhoods.
Banks are under pressure from lawmakers and advocates to increase financial inclusion and access to banking services for underserved communities.

Published 17 May, 2021 07:53pm

No talks under way with banned outfit: Rashid

ISLAMABAD: Federal Minister for Interior Sheikh Rashid said on Sunday government was not in negotiation with banned...

Published 19 Apr, 2021 03:21am

Pakistan

Government fixes Nisab for Zakat at Rs80,933

People having a minimum of Rs 80,933 balance in savings, profit and loss sharing, or similar bank accounts on the first day of Ramazan will be liable to pay 2.5 percent Zakat on the total balance
Minister for Science and Technology Fawad Chaudhry predicted that the Ramazan moon will be sighted on April 13

Published 11 Apr, 2021 12:12pm

Pakistan

Court orders govt to de-freeze Sanaullah's salary account

The verdict was announced by Judge Shakir Hassan on an application of the PML-N MNA seeking to de-freeze his bank accounts
The court ordered that the account Sanaullah uses to receive his National Assembly salary be de-frozen with immediate effect

Published 25 Feb, 2021 05:02pm

Markets

Returns on Profit and Loss Sharing Investment Bank Accounts (JAN TO JUNE 2020)

KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ...

Published 25 Jan, 2021 04:23am

SBP governor briefs PM about economic situation

ISLAMABAD: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir called on Prime Minister Imran Khan on Thursday....

Updated 22 Jan, 2021 09:41am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Bank of Khyber / Oct 3 The Bank of Khyber(BOK)	11.92 ▲ 0.92 (8.36%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Engro Powergen / Oct 3 Engro Powergen Qadirpur Limited(EPQL)	25.02 ▲ 1.75 (7.52%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)

Stock	Price
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.40 ▼ -0.39 (-21.79%)
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)
Mehmood Tex / Oct 3 Mehmood Textile Mills Limited(MEHT)	518 ▼ -42.00 (-7.50%)
Premier Sugar / Oct 3 The Premier Sugar Mills(PMRS)	521.37 ▼ -42.27 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	60,699,741 ▲ 0.01
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	18,949,237 ▲ 0.14
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -1.11
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	8,518,496 ▼ -0.64
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	6,619,948 ▼ -0.06
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.41
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	6,049,235 ▲ 0.05
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.08
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	5,279,550 ▲ 0.11
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,965,711 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
India Sensex / Oct 2	65828.41
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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