Daily Archives: March 30, 2017

SBP directs banks to classify remittances received against IT services


KARACHI: State Bank of Pakistan (SBP) on Thursday instructed banks to classify receipts of foreign remittances under computer and information services and report under proper codes.

KTBA elects officer bearers, EC members for 2017/2018


KARACHI: Karachi Tax Bar Association (KTBA) has elected office bearers and members of executive committee for the term 2017/2018 at the 60th Annual General Meeting held on Thursday.

SECP files criminal insider trading case against banker


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint against an employee of a leading bank for his alleged involvement in insider trading.

SECP launches new electronic company registration system


ISLAMABAD: Zafar Hijazi, Chairman, Securities and Exchange Commission of Pakistan (SECP) on Thursday launched the new registration system which will reduce the incorporation cost to Rs100 from Rs1,500 per user besides reducing the turnaround time from days to minutes for registration of users of e-Services.