Sunday , December 15 2019
Breaking News
Home / Tag Archives: transactions

Tag Archives: transactions

Transactions over €70 on larger islands may be credit/debit card only

ATHENS: A draft plan by the government to increase state revenues, which is to be submitted to the Brussels Group on Thursday, includes increasing the luxury tax by 30 percent, imposing an accommodation levy on hotels with three stars or more, and the obligatory use of credit or debit cards for transactions of €70 or more on islands that have ... Read More »

Transactions over €70 on larger islands may be credit/debit card only

ATHENS: A draft plan by the government to increase state revenues, which is to be submitted to the Brussels Group on Thursday, includes increasing the luxury tax by 30 percent, imposing an accommodation levy on hotels with three stars or more, and the obligatory use of credit or debit cards for transactions of €70 or more on islands that have ... Read More »

Checking black money transactions: India offers Sri Lanka to set up snoop units

COLOMBO: India has proposed Sri Lanka and other six overseas intelligence units to setup snoop units to have a regular check and balance over the black money and fraudulent transactions. Two such snoop units have been proposed at Beijing and Guangzhou because of the exponential growth of trade between India and China and the intelligence supported by cases of undervaluation ... Read More »

Mobile wallets increase by 11pc in 2Q of FY2014, reach 4.2m

ISLAMABAD: The number of mobile wallets have increased 11 per cent during the second quarter of fiscal year 2014-15 and reached 4.2 million. As per the SBP Branchless Banking Newsletter, the number of branchless banking transactions increased to 71.1m valuing Rs326.1 billion during the corresponding period, an increase of 17pc in value against the same period last year. Meanwhile, the ... Read More »

68.5m branchless banking transactions in just three months

ISLAMABAD: The branchless banking transactions stood at 68.5 million and were worth Rs278.3 billion during Jan-March 2014. The data shows 27 per cent growth in volume and 19 per cent growth in value of transactions over the same period last year. In comparison, growth in volume and value of transactions were only 4 per cent and 5 per cent respectively ... Read More »

Rs770m tax evasion: Qadri’s plea for time extension turned down

ISLAMABAD: The Federal Board of Revenue (FBR) has rejected Pakistan Awami Tehrik (PAT) Chairman Dr Tahirul Qadri’s request for a one month extension to respond to the board’s notices and submit wealth statements. The FBR has informed Mr Qadri that he must respond within seven days otherwise he would have face penalty proceedings under section 182 of the Income Tax ... Read More »