Tue, 21-Oct-2025

SBP to launch electronic warehouse receipt financing

SBP

KARACHI: The State Bank of Pakistan (SBP) will launch the electronic warehouse receipt financing (EWRF) for maize crop on February 22, at an event in Tehsil Chunian, District Kasur, a statement said. At the event banks will be signing their system usage agreements with Naymat Collateral Management Company Ltd (NCMCL) to commence operations under this … Read more

Lockdown may ease pressure on rupee

rupee

KARACHI: A strict lockdown imposed by the Sindh government may discourage import payments and ease pressure on the rupee. The Sindh government imposed a stringent lockdown to prevent the spread of the coronavirus from July 31, 2021. The restrictions may partially halt commercial and industrial activities in the province, especially in the port city of … Read more

Sindh Revenue Board extends returns filing date

SRB

KARACHI: The Sindh Revenue Board (SRB) has extended the last date for the payment and filing sales tax returns for June 2021. In a circular issued on Monday, the provincial revenue board said the sales tax for June 2021 can be paid on or before Tuesday, July 27, 2021. Similarly, the SRB allowed the taxpayers … Read more