Daily Archives: June 18, 2017

Draft rules issued to create fund for investors awareness, education

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued draft Investors Education and Awareness Fund Rules, 2017 to be established under provisions of Companies Act, 2017.

SBP be ready for monetary policy tightening in case of forex pressure

ISLAMABAD: International Monetary Fund (IMF) has urged the State Bank of Pakistan (SBP) to remain vigilant and be ready to tighten the monetary policy it in case inflationary pressures emerge or foreign exchange market pressures intensify.

Duty free gifts, donations by charitable institutions to be disallowed on misuse

ISLAMABAD: Federal Board of Revenue (FBR) said that concession of duty free gifts and donations received by charitable non-profit making hospital or institutions will be disallowed in case of misuse detection.

Duty free imports allowed to Edhi Foundation

ISLAMABAD: The federal government has allowed duty free imports by Edhi Foundation subject to the condition that the imported goods mean for use by the foundation.