Day: January 4, 2022

Habib Bank Limited (HBL), Pakistan’s largest and most profitable bank, has once again left its customers in a lurch with either interrupted or no service at branches, ATMs, online, and related mobile banking channels.The system of HBL has yet again col…

The IT, technological, and financial service providers will now be allowed to set up or sponsor a digital bank, as the State Bank of Pakistan (SBP) has launched its new licensing and regulatory framework. SBP will accept applications till March 31 and …

The Ministry of Information Technology and Telecommunications has devised strategic plans and guidelines for the launch of 5G in the country, proposing that various institutions should start working in this direction in their respective areas.The Minis…

The Federal Board of Revenue (FBR) on Tuesday revised and increased the rates of sales tax on petroleum products.According to the FBR SRO 1(I)/2022, THE sales tax on petrol has been increased from 1.63 percent to 4.77 percent from January 1, 2022. And,…

The Ministry of Information Technology and Telecommunication has drafted the “National Broadband Policy-2021”, targeting the contribution of digital/broadband development to the economy to the tune of $5 billion investment and $20 billion revenue by 20…