Annual cash withdrawal limit from banks set at 100 million rupees; decision made to exchange data to prevent tax evasion.
FBR and Banks Agree to Share Data to Tackle Tax Evasion Karachi – In a significant move to combat tax evasion and strengthen financial transparency, the Federal Board of Revenue (FBR) and commercial banks have agreed to implement a data-sharing system. Under this initiative, financial institutions and the FBR will exchange information to monitor large […]
“Gold prices continue to rise in Pakistan.”
Gold Price Increases Across the Country The price of gold per tola has increased across the country. According to the All Pakistan Gems and Jewellers Association, the price of one tola of gold in the country has risen by Rs. 1,335, reaching Rs. 356,000. The association reports that the price of 10 grams of gold […]