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Banks Achieve 50% ADR Target to Avoid Tax, Lending Increase in Q4


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Banks Achieve 50% ADR Target to Avoid Tax, Lending Increase in Q4
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12-24-2024, 07:57 AM
Banks Achieve 50% ADR Target to Avoid Tax, Lending Increase in Q4

Karachi, Pakistan: Pakistani banks have successfully navigated the government’s ambitious advance-to-deposit ratio (ADR) target, reaching nearly 50% by December 6th. This achievement comes as a relief to the banking sector, which faced the threat of an incremental tax if they failed to meet the 50% threshold by the end of the year. To achieve this […]


https://taxationpk.com/banks-achieve-50-...ase-in-q4/
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