Clean Credit History and Its Benefits: We will delve into the essentials of a clean credit history and its numerous benefits. Having a clean credit history is essential for individuals seeking access to various financial opportunities and services. Your credit history serves as a reflection of your financial responsibility, and a positive credit history can…
Mobile Wallet Fast and Secure Best for Home Remittances: To Accelerate the flow of home remittances through banking channels and facilitate expatriates with a reliable, swift and cost effective conduit to transfer money to Pakistan, SBP has launched an M-Wallet Scheme for promotion of Home Remittances (see Circular to banks). These M-wallets are specifically called…
Digital Bank Account for Local Resident Pakistanis: One of the most noteworthy developments in this space is the emergence of digital account opening for local Pakistanis. The advent of digital technologies and the growing influence of fintech companies have made traditional banking more accessible and convenient for local residents. The Traditional Banking Landscape in Pakistan…
How to buy a Mobile Phone on Installment Through Your Credit Card: Not everyone can afford to pay the full price of a high-end smartphone upfront. In today’s fast-paced world, having a reliable mobile phone is not just a luxury; it’s a necessity. However, this is where the option of buying a mobile phone on…
Can you open a bank account in Pakistan without source of income ? Introduction The Asaan Account is a initiative that aims to make banking more accessible. In Pakistan, a nation of over 220 million people, there has been a push to facilitate easy access to banking for all, even for those without a significant…
A Guide to Maximizing Credit Card Rewards: Introduction With a plethora of options available, it can be overwhelming to choose the best credit card rewards program that suits your lifestyle and financial goals. Credit cards have become an indispensable financial tool in today’s world. Beyond their convenience, credit cards also offer enticing rewards programs that…
Islamic Banking; A Global Financial Phenomenon: Islamic banking has experienced a remarkable boom, transforming from a niche financial market into a global phenomenon. With assets exceeding $2.4 trillion and operations in over 60 countries, Islamic banking has grown significantly, reshaping the financial landscape. The Principles of Islamic Banking Islamic banking operates on a set of…
Is FBR extending dates of tax returns fy2023 ? Refer to Circular No.4 of 2023-24 IR-Operations “Extension in Date of Filing of Income Tax Returns for the Tax Year 2023” Federal Board of Revenues (FBR), Pakistan had announced to extend the date of Income Tax return filling for the Tax year 2023. Earlier September 30th, 20223 was…
Is American currency water proof ? American money, with its distinctive green color and intricate designs, is a ubiquitous part of everyday life in the United States. While it might seem like a simple piece of paper, there’s more to it than meets the eye. Water-Resistant Features One common question that arises is whether American…
Cryptocurrency Predictions: Future prediction: In this article we will discuss about the latest and future happening related to cryptocurrency (virtual currency) . Introduction Since the inception of Bitcoin in 2009, cryptocurrencies have witnessed unprecedented growth and transformation. While past performance doesn’t guarantee future results, it’s worth exploring what some experts predict for the future of…