Notification of Discontinuation of Fresh Rs. 40,000/- Denomination National Prize Bonds

State Bank of Pakistan, SBP Banking Service Corporation (Bank) Currency Management Department has issued Notification on 12-02-2019 in connection with Discontinuation of Fresh Rs. 40,000/- Denomination National Prize Bonds. Details are as under: Discontinuation of Fresh Rs. 40,000/- Denomination National Prize Bonds This is with reference to Central Director of National Savings (CDNS) letter no. … Read more

Notification of Third House Building Advance

Government of Pakistan, Finance Division has issued Notification on 30-01-2019 in connection with Third House Building Advance. Detail is as under: Third House Building Advance The undersigned is directed to refer to the above noted subject and to state that Finance Division is in receipt of a number of requests from a large segment of … Read more

Payment of Gratuity in Addition to Contributory Provident Fund (CPF)

Government of Pakistan, Finance Division has issued Notification on 23-01-2019 in connection with Payment of Gratuity in Addition to Contributory Provident Fund (CPF). Detail is as under: The undersigned is directed to refer to this Division’s O.M.No.F.l5 (3) R-14/84 dated 16.10.1984 (Annex-1), reiterated vide O.M No.F.10 (l) R-7/2009-412 dated 21st January, 2015 (Annex-H) on the … Read more

Interest Free Loans to Employees of Chief Minister’s Secretariat / Governor’s Secretariat and Sindh Secretariat

I am here sharing the summary issued on 24-01-2019 in connection with Interest Free Loans to Employees of Chief Minister’s Secretariat / Governor’s Secretariat and Sindh Secretariat. Detail is as under: It is stated that Government of Khyber Pakhtunkhwa has recently kept a special budgetary allocation for the “Interest Free Loan” to its employees on … Read more

Notification of Rate of Mark Up Chargeable on Advances and Development Loans 2017-18

Government of Pakistan, Finance Division (Budget Wing) has issued Notification on 25-01-2019 in connection with Rate of Mark Up Chargeable on Advances and Development Loans 2017-18. Detail is as under:  I am directed to state that the following final rates of mark-up chargeable on the following categories have been fixed by the Federal Government:- Cash … Read more