Monday 16 June 2014

Government Doubles the Custom Duty on Import of Telecom Equipment: ProPakistani

Government Doubles the Custom Duty on Import of Telecom Equipment: ProPakistani

Link to Pro Pakistani

Government Doubles the Custom Duty on Import of Telecom Equipment

Posted: 16 Jun 2014 01:38 AM PDT

Government of Pakistan has doubled the custom duty on imported machinery that includes telecom equipment required for rollout of telecom (and particularly the 3G) networks. According to details mentioned in Federal Budget for 2014 – 15, the import duty on imported machinery is doubled from previous 5% to a 10% value now. This increase in duty will be applicable from July 1st, 2014. In addition [...]

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Waseela Bank Launches ATM / Debit Card Facility

Posted: 15 Jun 2014 11:59 PM PDT

Waseela Microfinance Bank Ltd (WMBL) has launched ATM /Debit Card as a means to address the banking needs  of growing customer base. The ATM /Debit Card launch was jointly announced by Rashid Khan, Chairman WMBLand President and CEO Mobilink and Ghazanfar Azzam, President & CEOWMBL in a ceremony held in Islamabad. With the launch of this facility, Waseela Microfinance Bank is one of a few [...]

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Easypaisa Launches Funds Transfer Facility To / From Any Bank Account in Pakistan

Posted: 15 Jun 2014 11:06 PM PDT

Easypaisa has announced the availability of its Inter Bank Fund Transfer (IBFT)service to enable customers to transfer funds between a number of Banks via the 1-link switch. With IBFT for Easypaisa, the service has become the first mobile money service in Pakistan to become interoperable with the existing banking infrastructure. Easypaisa's IBFT service will be available for its Mobile Account holders and Over-the-Counter (OTC) customers. [...]

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