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#DigitalPaymentSystem

Digital Mode of Payment Defined by Finance Supplementary Act 2022

To explain the term digital means, amendments have been made to Income Tax Ordinance 2001. A Clause 17B of Section… Read More

Why Digital Mode of Payments have issues to implement in corporate sector?

Taxpayers are again requesting to Federal Board of Revenue (FBR) that the mandatory condition of digital modes of payment for… Read More

Deadline for Digital Mode of Payments Proposed to further extend

Federal Board of Revenue (FBR) is examining a proposal to further extend time period beyond November 1, 2021 for the… Read More

State Bank releases Annual Payment Systems Review for Financial Year 20-21

State Bank of Pakistan (SBP) releases Annual Payment Systems Review for Financial Year 2020-2021 showing significant growth in the space… Read More

State Bank is all set to introduce full fledged digital banking

The State Bank of Pakistan (SBP) is all set to introduce full-fledged digital banking in a month to allow people… Read More

Taxation and changes for IT and IT enabled services, startups and freelancers

Let us see the taxation of IT and IT enabled services, freelancer and startups. Both income tax and sales tax… Read More

State Bank of Pakistan Signed MoU to bring digitization in federal government payments

The State Bank of Pakistan (SBP) on Monday signed MoU with the Controller General of Accounts Pakistan (CGAP) to bring… Read More

SBP made it mandatory for all banks to issue Europay MasterCard Visa (EMV) cards

On Friday, the State Bank of Pakistan made it mandatory for all banks to issue new payment cards based on… Read More

FBR has been asked to be fully digitized by July 2021: PM Says

Prime Minister Imran Khan said that the Federal Board of Revenue (FBR) has been asked to be fully digitized by… Read More

‘Raast’ first instant digital payment system launched by Pakistan

Digital payment system 'Raast' will do the right thing by transacting and contributing to Pakistan's economy using a regular digital… Read More

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