Daily Archives: May 22, 2018

SBP to announce monetary policy on May 25

KARACHI: State Bank of Pakistan (SBP) will announce monetary policy for next two months on May 25, said a statement on Tuesday.

Exchange companies directed to retain identification of $500 and above transactions

KARACHI: In anti-money laundering efforts, State Bank of Pakistan (SBP) on Tuesday made it mandatory for exchange companies to retain identification on buy and sell transactions of $500 and above.

NCCPL to collect capital gain tax for April on May 30

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Monday announced it will collect capital gain tax arising on disposal of shares at Pakistan Stock Exchange (PSX) for the month of April 2018 on May 30.