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Articles for tag: amendbusinessdigitalEnforceGovernmentLatestlawsPakistanpaymentsolutions

November 1, 2025

News Desk

The government will amend laws to enforce digital payment solutions

The standing committee backed the government’s proposal to impose a 17% tax on high-efficiency irrigation equipment. PHOTO: REUTERS The government is drawing up a comprehensive legal package to amend existing laws and empower local governments and provincial authorities to mandate the availability of digital payment solutions to businesses and retailers as part of its push towards a cashless economy. According to Treasury sources, a draft legal package is being developed to amend the Payment Systems and Electronic Funds Transfer Act, 2007 to make it mandatory for all businesses to offer at least one digital payment method – including QR code

September 19, 2025

News Desk

Pakistan participates in the Arabic Payment Platform

A cashier counts Qatari Riyal Notes in a Money Migrant in Doha 28 May 2013. – Reuters Digital payments hit RS1TR every nine days: SBP Commander Remittances to make them faster and safer under the buna. The SBP aims at a national -free economy until June 2026. Islamabad: Pakistan has decided to incorporate the Buna platform of the Arab world’s Buna platform, operated by the Arabic Monetary Fund (AMF), The news reported. The arrangement will allow cross -border transactions, but allows only inputs from overseas Pakistanis, without forecast for external transport. Development was revealed during a meeting of the Standing

May 31, 2025

News Desk

Club announces new right after Liverpool’s payment of 10 million €

Real Madrid agreed an agreement to sign England Trent Trent Alexander-Arnold, with the defender involved in the Spanish giants on June 1, after Liverpool accepted a transfer end to release him from his contract early. The move will see Alexander-Arnold arrive in time to participate in the Club Expanded Club World Cup, which begins on June 14 in the United States. FIFA approved a special transfer window from June 1 to June 10 to allow clubs to register new players specifically for the tournament. Alexander-Arnold, 26, who has been in Liverpool since he participated in the Club Youth System at

May 11, 2025

News Desk

Technology experts are looking for alternative payment channels

Listen to the article Karachi: Technological experts and interested parties have urged the government to continue facilitating digital entrepreneurs and freelancers and provide them with transactions for the international payment gateway or alternative payment channels. The government has been asked to create a facility for freelancers to receive international payments. Informatics, entrepreneurs, entrepreneurs and e-commerce professionals receive payments from various sources, including the Payoneer-Lieutenant World Plans that also provides services in Pakistan. However, she recently reviewed her charges upwards adding to misfortunes for internet workers. Underneath the new pricing structure, it slapped charges for free services, including the transfer and

April 25, 2025

News Desk

Turkish influencer blames Maria B of avoiding payment

In the positions shared on Instagram on Sunday, Turkish content creator Türkan Atay accused the Maria B Pakistani Brand of avoiding payment that the influence claims that the two parties agreed. Türkan began, stating that she had shot a cylinder for the trademark in Istanbul earlier this year and negotiated her terms. “Basically, for the reception of Istanbul, the cost is divided by location, video, video editing and so on. Once the video was made, however, Türkan claimed that the brand did not give it a return, without giving it the discussion, urging her to arrive. “So I said,” Look,

February 5, 2025

News Desk

The reform of the US Treasury Grants Musk Reformation Team Access Payment Data

Elon Musk walks in the Capitol on the day of a meeting with the Senate Republican leader John Thune (R-SD), in Washington, December 5th 2024-Reuters Washington: The US Treasury announced on Tuesday that the Elon Musk government reform team can see data from the sensitive payment system, but it cannot make changes to it. This came after democratic legislators who raised concerns and demanded research. Musk, the richest man in the world, is leading the federal efforts to cut President Donald Trump in the context of the so -called Ministry of Government (Doge). As part of this initiative, it is

December 3, 2024

News Desk

Delaware judge rejects Elon Musk’s $56 billion Tesla payment — again

Tesla CEO and X owner Elon Musk listens as U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency Hotel in Washington, DC, U.S. November 13, 2024. — Reuters A Delaware judge ruled Monday that Tesla CEO Elon Musk is still not eligible for a $56 billion severance package, despite the electric vehicle company’s shareholders voting in June to reinstate him. The decision by the judge, Chancellor of the Exchequer Kathaleen McCormick, follows her ruling in January that called the pay package excessive and struck it down, surprising investors and casting doubt on Musk’s future

November 13, 2024

News Desk

FBR’s new payment system eliminates the need for taxpayers to visit banks

This image released on March 3, 2022, shows the FBR building. — Facebook/Federal Board of Revenue System driven by the government’s vision to modernize the tax infrastructure. The new system will eliminate the need for physical bank visits. It marks a significant advance in revenue management. The Federal Board of Revenue (FBR) on Wednesday unveiled a new payment generation system that would enable secure, efficient and user-friendly online payments for taxpayers, eliminating the need to physically visit the bank. The tax authority, in a statement, said the scheme is driven by the government’s vision to modernize Pakistan’s tax infrastructure. “FBR

September 11, 2024

News Desk

Visa aims to increase digital payment acceptance tenfold across Pakistan

KARACHI: Visa plans to tenfold the number of businesses accepting digital payments in Pakistan over the next three years, the payments giant’s managing director for Pakistan, North Africa and the Levant told Reuters. Leila Serhan’s comments came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining remittances in the South Asian country and encouraging digital transactions. Pakistan, with a population of 240 million, is home to one of the largest unbanked populations in the world. Only 60% of the population of 137 million adults, or 83 million adults, have a bank account, according

August 1, 2024

News Desk

The government extends the bill payment deadline by 10 days

Electricity bill file photo. — KE The Electricity Directorate instructs all DISCOs to extend the deadline. One month extension for the benefit of consumers for July bills. Nepra says all DISCOs involved in excessive billing practices. ISLAMABAD: Prime Minister Shehbaz Sharif has directed to extend the electricity bill payment deadline by 10 days, aiming to provide relief to the stressed public. According The newsthe Chief Minister instructed the Ministry of Power to issue an extension after which the Electricity Directorate directed all electricity distribution companies including K-Electric to implement the extension for the July and August 2024 bills. The chief

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