One can invest in Pakistan Banao Certificates with minimum of $5,000: SBP
'The PBCs are available for 3 years and 5 years maturity with profit rates of 6.25 percent and 6.75 percent per annum respectively'
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Budget 2014-15: Minimum wage raised to Rs 11,000; pension up by 10%
ISLAMABAD: The government has proposed increase in minimum wage from existing Rs 10,000 to Rs 11,000 in the budget for 2014-15, ARY News reported Tuesday.
According to Finance Minister Ishaq Dar during his budget speech in the National Assembly, a 10% ad-hoc relief will be allowed to all federal government employees with effect from 1st July 2014;
Similarly,a 10% increase will be allowed to those employees in Grade-1 to 15 drawing fixed medical allowance of Rs.1000 per month; a 5% increase will be allowed in conveyance…