Tag: savings
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Anti-corruption victory: NAB recovers Rs2.3 trillion, saves $10 billion
National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmed announced a significant achievement, revealing that the bureau has successfully recovered an impressive amount of Rs2.3 trillion and saved over $10 billion in savings for the national exchequer. Speaking at an event, he highlighted the necessity of collective efforts in combating corruption, emphasising that every…
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Paisay kharachnay ka shauq hai? Here are nine tips to spend your money wisely
If you’re reading this article, chances are you’re a spendthrift who wants to learn how to save money. The good news is that you’re not alone. Many people struggle with saving money, but with a little discipline and creativity, it is possible to improve your financial situation. Here are some tips on how to save…
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State Bank of Pakistan fines major banks for violating regulations
Banks operating in Pakistan have been slapped with hefty fines from the State Bank of Pakistan (SBP) totaling Rs131.4 million as a result of enforcement action against infractions of its established policies. According to the specifics, SBP fined JS Bank Limited Rs85.148 million, the highest sanction of the three banks, for breaking regulator guidelines regarding…
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Beggar gifts PKR 234,000 motorbike to wife, both continue begging together
A beggar from Madhya Pradesh begged for four years and purchased a motorcycle worth Rs234,000 (INR90,000) for his wife. He spent all of his savings on the bike as his wife complained about a backache from sitting on the tricycle he owned earlier. This story is from Amarwara village, where the beggar, Santosh Sahu, expressed his…
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Federal Govt teachers demand pay raise, promotion
Federal government employees have warned to hold another sit-in in the federal capital if their demands for salary increments and promotions are not met by May 23. They voiced the statement during a rally in front of Parliament House organised by the All-Government Employees Grand Alliance (AGEGA), where a significant number of teachers showed up, responding…
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Nisab amount of zakat deduction set at Rs88,927 for 2022
The nisab amount of zakat for the year 2022 is set at Rs88,927, according to a notification dated March 30, 2022, issued by the Poverty Alleviation & Social Safety Division, Cabinet Secretariat, Government of Pakistan. The account holders, maintaining a minimum of Rs88,927 balance on the first day of Ramzan would be liable to pay…