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  گیس کمپنی نے صارفین   ماہانہ فکسڈ چارجز عائد  کردیئے لاہور (ڈیلی پاکستان آن لائن) سوئی نادرن گیس کمپنی نے صارفین پر اربوں روپے کے اضافی ماہانہ فکسڈ چارجز عائد کر دیئے۔ ڈیلی جنگ کے مطابق اوگرا نےخاموشی سے فکسڈ چارجز وصولی کی اجازت دے دی ہے جس کے بعدفکسڈ چارجز نومبر کے گیس بلوں میں شامل کرکےبل جاری کیے گئے۔ پروٹیکٹڈ صارفین 0.9 ہیکٹا میٹر گیس استعمال والے ماہانہ 4 سو روپےفکسڈ چارجز دیں گے جبکہ نان پروٹیکٹڈ 1.5ہیکٹا میٹر تک استعمال والے ایک ہزار روپے ماہانہ اضافی بل دیں گے۔اس حوالے سے سوئی گیس حکّام کا کہنا ہے کہ ماہانہ فکسڈ چارجز حکومت کی منظوری سے شامل کیے گئے ہیں، یہ صارفین کے ساتھ زیادتی ہے لیکن ہم مجبور ہیں۔حکّام کے مطابق صارفین ان فکسڈ چارجز کو ہائی کورٹ چیلنج کرسکتے ہیں۔حکّام کا کہنا ہے کہ ہمارا اندازہ ہے کہ صارفین سے لیے جانے والے یہ فکسڈ چارجز سالانہ 60 سے 70 ارب روپے بنتے ہیں۔

HBL ATM card annual fee update for 2024 KARACHI – Habib Bank Limited (HBL) is one of the leading banks in Pakistan due to its services and offers for customers.   HBL Debit Card (ATM Card) is one of these services provided by the bank. The holders of the ATM card enjoys the convenience of accessing their HBL account whenever and wherever they are. Home Featured HBL ATM card annual fee update for 2024 HBL ATM card annual fee update for 2024 KARACHI – Habib Bank Limited (HBL) is one of the leading banks in Pakistan due to its services and offers for customers. HBL Debit Card (ATM Card) is one of these services provided by the bank. The holders of the ATM card enjoys the convenience of accessing their HBL account whenever and wherever they   Backed by the power of MasterCard, UnionPay, Visa and PayPak, HBL DebitCard offers you a truly secure and convenient payment solution. It is accepted at over 50,000 merchants, and over 11,000 ATMs nationwide in Pakistan and millions of merchant loca

Wedding Ceremony of of Close Friend Mr.Khalil Ahmed Shaikh as on 23rd December 2023 Attending a close friend's wedding is a special and meaningful experience. It's a time to celebrate the union of two individuals you hold dear. Share in their joy, offer your heartfelt congratulations, and be present to witness the beginning of their journey as a married couple. Whether you're giving a toast, helping with preparations, or simply enjoying the festivities, your role as a close friend is crucial in making their wedding day even more memorable. Cherish the moments and wish them a lifetime of love and happiness. Mr.Allah Bakhsh Narejo Mr.Mehmood Riaz Soomro Mr.Jaipal Sarwan Mr.Tahir Saeed Brohi Mr Anees Rehman Lakho Mr Anzar Anees Lakho Advocate Mr.Allah Bakhsh Narejo From Karachi specially visited Larkana to attend the wedding ceremony. Mr.Mahmood Riaz Soomro Business from Banguldero also arrived at Citizens clubs  Mr. Jaipal Sarwan Manager Pharmacist quit his busiest schedule a

  پاکستانیوں نے کریڈٹ کارڈز سے خریداری کے تمام ریکارڈ توڑ دیئے پاکستانیوں نے کریڈٹ کارڈز سے خریداری کے تمام ریکارڈ توڑ دیئےاور صرف نومبر کے مہینے میں 108 ارب روپے کی خریداری کر ڈالی   ۔ اسٹیٹ بینک آف پاکستان (ایس بی پی) کے اعدادو شمار کے مطابق رواں سال پاکستان میں کریڈ کارڈز سے خریداری کے رجحان میں گزشتہ سال نومبر کے مقابلہ میں 27.3 فیصد اضافہ ہوا ۔ اعدادو شمار کے مطابق نومبر میں صارفین نے کریڈٹ کارڈز کے ذریعے 108 ارب روپے کی خریداری کی، جبکہ گزشتہ سال نومبر میں صارفین نے کریڈٹ کارڈز کے ذریعے 85 ارب روپے  کی خریداری کی تھی  اسٹیٹ بینک کے مطابق نومبر میں کریڈٹ کارڈز کے ذریعے خریداری کے رجحان میں ماہانہ بنیادوں پر 2.9فیصد کا اضافہ کیا، جبکہ اکتوبر میں کریڈکارڈز کے ذریعے صارفین نے 105 ارب روپے کی خریداری کی جو نومبر میں بڑھ کر 108 ارب روپے ہوگئی۔ واضح رہے کہ نومبر کے دوران نجی شعبے کو بینکوں کی جانب سے مجموعی طورپر فراہم کردہ قرضوں کا حجم 8191 ارب روپے ریکارڈکیاگی

In this regard, the FBR has directed the “SWAPS Agent” (withholding agents) to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax. The FBR has issued draft SWAPS rules through an S.R.O. 1846(I)/2023 on Friday. Under the new rules, the notified SWAPS agents shall fulfil requirements and obligations as prescribed in the rules.  The “SWAPS” means FBR’s web-based portal or any computerized system of the notified SWAPS Agents integrated with the Board as notified from time to time for the purpose of processing payments for goods and services. From the date to be notified by the Board, no SWAPS Agent shall carry out any transaction specified unless the CNIC, NTN, and IBAN of the withholdee bear the same title. The SWAPS Payment Receipt (SPR) shall be the only proof of collection or deduction of tax, including for claiming a refund, or tax credit. A notified SWAPS Agent may request the Commissioner Inland Revenue through I

The Board of Directors (BoD) of Bank Makramah Limited (BML), formerly known as Summit Bank Limited, has appointed Abdulla Nasser Abdulla Hussain Lootah as the chairperson of the board. The bank shared the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday. “We like to inform that the board has approved the budget of the bank for the financial year ending on December 31, 2024, and further Abdulla Nasser Abdulla Hussain Lootah has been appointed as the chairman of the BoD of the bank in place of Waseem Mehdi Syed with an immediate effect,” read the notice. Earlier in July, the bank had said that its BoD had acceded to change the name of SMBL to Bank Makramah Limited, which was followed by the approval of the State Bank of Pakistan (SBP). Last month, following Federal Cabinet’s approval, the name of Summit Bank Limited was changed to Bank Makramah Limited (BML). “We are pleased to inform you that the name of ‘Summit Bank Limited’ has been changed to ‘Bank Makramah L

  The Pakistani rupee registered marginal improvement against the US dollar, appreciating 0.21% during the opening hours of trading in the inter-bank market on Friday. At 10am, the rupee was hovering at 282.20, an increase of Re0.59, in the inter-bank market. On Thursday, the rupee had registered a marginal gain to settle at 282.79 against the US dollar. In a related development, foreign exchange reserves held by the State Bank of Pakistan (SBP) reserves fall below $7 billion. The reserves decreased by $136 million to $6.904 billion due to debt repayments during the week ended December 15, 2023. Internationally, the US dollar languished near a more than four-month low on Friday ahead of a reading on a key US inflation gauge due later in the day, which will provide further clarity on how much room the Federal Reserve has to cut interest rates next year. The greenback hit a five-month trough against the New Zealand dollar and a three-week low against the euro in early Asia trade, resumin

  ISLAMABAD: While launching the Exim Bank of Pakistan (EBP), Caretaker Finance Minister Dr Sha­mshad Akhtar on Thursday ann­o­un­ced the export fin­ance schemes (EFSs) would stand transferred to the new institution after being pha­sed out from the State Bank of Pak­istan (SBP) because of legal compulsions The minister said EFSs were being phased out from the SBP under the reforms programme as part of the IMF programme and the management of those schemes would be separated from the SBP. She said the operations and management of EFSs would now be the responsibility of the Exim Bank while the SBP would monitor the scheme and perform regulatory functions like eligibility and disbursement mechanisms. The operationalisation of Exim Bank “is a proud moment and a major milestone” for the country as it would augment the banking and trade finance landscape, she said, adding similar institutions had disbursed a staggering $2.5 trillion in trade finance last year, substantially fostering export

The banking sector in Pakistan maintained robust growth in profitability during 2023, including growth in assets and deposits, the high-interest rate regime allowed them to make handsome margins, increase investment in securities, and lend cash to the federal government at exorbitant financing rates. On the other hand, they attracted deposits from customers, providing them with handsome returns too. There have also been major transformations and developments in a few commercial banks, which will impact the banking sector positively in the long term. Bank Alfalah Launches Pakistan’s First Digital Payments Sales and Service Centers Focusing on Merchants and Small Businesses Some of the initiatives taken by different commercial banks will be followed by other competing banks in the near future. Below are a few major developments that happened during 2023: (1) Faysal Bank’s Conversion to Islamic Bank Faysal Bank announced its conversion to a full-fledged Islamic bank on the first day of

The move comes after Committee member Kamil Ali Agha presented counterfeit notes during the meeting, highlighting the pressing issue of fake currency circulation. In this regard the SBP has issued a video explainer on the unique identifying features of the Rs 5000 note on Youtube.The explainer lists multiple marks including the use of optical variable ink on the Pakistani flag, raised marks for visually impaired people, silver thread, watermark and hidden figures.   It also explains what you can see on the note when you view it under ultraviolet light: lime green threads. The matter came into light when the Senate Standing committee on finance met on Tuesday and Chairman Saleem Mandviwala produced a Rs5,000 note and asked the deputy governor of SBP if he could tell if it was real or counterfeit. When the deputy governor coceded that he could not identify if the note was real or not, Mandviwala had asked him to formulate a policy on fake currency. This is not the first time the note

The World Bank has projected a drop in remittance flows to Pakistan to $24 billion in 2023 and a further drop below $22 billion with a 10 percent decline in 2024,   Saying the growing economic turmoil sparked by a balance of payment crisis and high debt has led to a worsening loss of public confidence reflected in a diversion of remittances from formal to informal channels. The Bank in its latest report “Leveraging Diaspora Finances for Private Capital Mobilization” stated that in Pakistan, low expectations of a return of positive economic growth as the International Monetary Fund (IMF)-the supported program takes effect, are likely to weigh on public confidence, leading remittances to decline by 10 percent and drop below $22 billion in 2024. Formal remittance flows plummeted by 20 percent in 2023 on top of a decline of 5 percent in 2022. Remittance flows in 2023 are expected to drop to $24 billion”, the Bank added. The report further stated that the rupee depreciated sharply between e

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed a paltry penalty of Rs90 million on five commercial banks for their role in Rs70 billion worth of money laundering despite finding serious violations from these financial institutions. Proceedings of the Senate Standing Committee on Finance on Tuesday were shocking for some members of the committee who saw the central bank protecting the banks instead of penalising them. The committee expressed dissatisfaction with the SBP’s response regarding an investigation into substantial money laundering by solar panel importers. The Senate panel, led by Senator Saleem Mandviwalla, observed that the SBP might be withholding crucial details. Instead of making the information public, the committee decided to hold the next meeting in-camera.   The meeting had been convened to seek a report from the central bank on its investigation into money laundering of Rs70 billion. Following repeated questions from the committee, central bank officials rev