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Adnan Yousaf
Jul 09, 2025

New income tax law: How 41% tax applies to Rs200,000 deposits?

Tax consultants, however, believe that the said amendments have nothing to do with the income tax returns or bank transactions of “ordinary public”.

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WEB DESK
Jan 23, 2025

Bank deposits drop 2.8 per cent, loans surge by 7.6 per cent: SBP data

Bank deposits in Pakistan dropped by 2.8 per cent in December, falling to Rs30.28 trillion from Rs31.15 trillion at the end of the previous month.

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WEB DESK
Sep 20, 2024

Total deposits held by Pakistani banks surge nearly 18 per cent YoY

The total deposits held by scheduled banks in Pakistan increased by 17.9 per cent in August 2024 compared to the same time last year.

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WEB DESK
Jul 20, 2024

Scheduled banks’ deposits jump 22 per cent in one year

The total deposits held by scheduled banks in Pakistan have surged by 22.0 per cent year-on-year (YoY), reaching Rs31.12 trillion in June 2024, compared to Rs25.51 trillion in June 2023.

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WEB DESK
Jul 18, 2024

Pakistan’s broad money supply surges by Rs5.03 trillion

The State Bank of Pakistan (SBP) has reported a significant surge in the country’s broad money supply (M2), which increased by Rs5.03 trillion, reaching Rs36.56 trillion as of June 30, 2024.

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WEB DESK
Jul 05, 2024

SBP reports 20.8 per cent YoY increase in bank deposits

In June 2024, total deposits held by scheduled banks in Pakistan surged by 20.8 per cent year-on-year to reach Rs30.81 trillion, up from Rs25.51 trillion in June 2023, according to data released by the State Bank of Pakistan (SBP).

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WEB DESK
Jul 02, 2024

SBP reports Rs28.22 billion weekly increase in broad money

Broad money (M2), the primary measure of money supply in Pakistan, experienced a weekly increase of Rs28.22 billion.

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WEB DESK
May 20, 2024

Banks in Pakistan witness 21.29 per cent surge in total deposits

Scheduled banks in Pakistan have witnessed a significant surge in total deposits, marking a notable 21.29 per cent year-on-year increase.

WEB DESK
Dec 03, 2023

DPC proposes safeguarding microfinance bank deposits

It is worth noting that 94 percent of the 73 million account holders fall within the Rs 0.5 million deposit range.

Pakistan

WEB DESK
Nov 12, 2023

Pakistani rupee faces pressure as IMF review looms

The IMF’s review, initiated on November 2, is set to conclude by December 15, determining the fate of the second tranche of $700 million scheduled for disbursement in December.