Attention of all Exchange Companies is invited to the instructions contained in Para (3), Chapter (3) of the Exchange Companies Manual whereby Exchange Companies are required to maintain 25 percent of Paid-up Capital as Statutory Liquidity Reserve (SLR) with the State Bank of Pakistan (SBP). The amount of SLR may be kept in current account maintained with SBP as well as invested in unencumbered approved government securities through SBP’s Subsidiary General Ledger Account (SGLA) facility.
Read Full Document Here: Dear Examinees,
We are pleased to announce that the government has allowed us to hold CFAP, MSA and WST Examinations – Summer 2021 at examination center by following all prescribed SOPs for prevention of COVID-19. Please note that option for appearing in the exams i.e. either through center based or under remote proctoring, marked at the time of submission of forms will remain valid. Few examinees changed their option of appearance in the examination, during the period between 10 and 11 May 2021 due to ICAP’s earlier announcement of holding exams under remote proctoring only. Their changes are now considered void and their original options have been restored. The examination will be held as per original schedule and admit cards will be uploaded in the examinees’ secured area on or before 31 May 2021. For any clarification, you may contact us at [email protected] Source: https://icap.org.pk/announcement-regarding-cfap-msa-and-wst-examinations-summer-2021/?fbclid=IwAR0o5gGRUqMcOmMOVJvMebRcoVy3ggEz-xo7lMLYdnvaQLQmEmevccoIGXo FBR introduces online electronic hearing of tax audits and assessments cases
https://www.fbr.gov.pk/fbr-introduces-online.../152982 The infection ratio of the banking sector has increased from eight per cent in December 2018 to 9.3pc at the end of March 2021, with the textile sector appearing as the biggest defaulter till the end of the first quarter of the current fiscal year (1QFY21).
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