Payoneer Global Bank Transfers now Available in Pakistan

Payoneer has just announced a new update via their blog that Pakistani Rupees is now added to list of supported currencies for Global Bank Transfer services. Recently they added Kenyan shillings and now PKR!

The service will not be so expensive as it only costs $2.99 per payment and users can receive their payments from the Payoneer partners in Pakistani Rupee instead of US Dollar ($). Payoneer is providing a number of services like US payment service (Direct deposit), card to card payment, Global Bank Transfer, receiving funds directly on your card etc.

If you are already using the Payoneer Global Bank Transfer service and want to recieve funds in PKR instead of US Dollar, then contact the Payoneer service department at 
lbt@payoneer.com.

How To Verify Payoneer US Payment Service

As all of you know that Payoneer’s US Payment Service is a premium service that allows users to receive direct deposit payments from select US companies directly to their Payoneer Prepaid Debit MasterCard® Card, using the ACH network.

Remember that you can only receive direct deposits from select US companies also.

How To Verify Payoneer's US Payment Service:
Before using the US Payment service you will need to verify it by providing ID document. Follow the steps given below to verify your USP service:

1.Login to your Payoneer account.

2.Click on services > US Payment Service.Activate your service.

3.You will receive an email in your inbox with links to upload your ID document and a short questionnaire. 

4.Follow the link to upload your ID documents. You can use your ID card or driving license. Don't worry if it is not in English. They only need government issued card.

5. Now follow the link to questionnaire. Here you will have to explain your source of income (i.e. where the money is coming from). Be specific and tell them from where and how you will receive the money. Identify the name of company from where you are expecting to receive money.

6. After 2-3 days you will receive another email saying "please send us a screenshot of your **** account profile". **** will be company you have listed in questionnaire. Provide them the screenshot.

7. It will only take 2-3 days for Payoneer staff to verify your USP service.

Note:

• Do not try to give fake information.
• Make sure that the scanned copy of ID document is clear and readable.
• The ID card number should be same to the one which you used while signup.
• Your request can be delayed if the next day is Saturday or Sunday. So be patient.

FBR Devising Strategy to tax Google

FBR(Federal Board of Revenue), which is responsible for taxing big and small businesses & individuals has decided to tax Google's income from Pakistan.

All Adsense payments can be taxed

Authorities at FBR are trying to devise a strategy to tax adsense payments. Until now it is still not clear if the advertisers or Google itself will come under tax net or not?

The main target will be publishers. For years webmasters are earning a fair amount of money from Google Adsense without paying any taxes but not so long because it is just a matter of fact when FBR will devise the exact strategy to tax those individuals.

According to our sources, not all publishers will come under tax net. Only those publishers earning high volumes or fair amount of money will be affected more.

The default payment method of Google Adsense is Western Union for individual publishers and Cheque for businesses. So FBR will have to find a way to tax the publishers on these payment methods.

Education Loans In Pakistan

Student loan scheme has been launched by NBP(National Bank Of Pakistan) in collaboration with other major banks in Pakistan. All of these loans will be interest free which makes this scheme more attractive. Actually there is a great need of Education Loans in Pakistan because the literacy rate is still quite low in Pakistan. Almost all banks are offering Personal loans but there are only few banks which offer Education Loans.


Eligibility:

Types of Loans:

Schedule Fee	Paid directly to the University/College
Boarding expenses excluding meal charges
Procurement of textbooks--- Disbursed directly to the student

Repayment of Loans:
The maximum period of repayment of loan is 10-Years from the date of disbursement of first installment. The borrower shall repay the loan in monthly installment after six months from the date of first employment or one year from the date of completion of studies, which ever is earlier.

APPROVED UNIVERSITIES/COLLEGES OF PUBLIC SECTOR

Under the Scheme, loans is available in the following subjects.

i)	Engineering	ii)	Electronics
iii)	Oil Gas & Petro-Chemical  Technology	iv)	Agriculture
v)	Medicine	vi)	Physics
vii)	Chemistry	viii)	Biology, Molecular Biology & Genetics
ix)	Mathematics	x)	Other Natural Sciences
xi)	DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)	xii)	Computer Science/Information System and Technology including hardware.
xiii)	Economics, Statistics and Econometrics	xiv)	Business Management Sciences
xv)	Commerce

Note:
Application forms can be downloaded from here.

Rs. 2 Radio Tax On Rs. 100 Mobile Recharge

A news is spreading in the market that a tax of Rs 2 on 100 Rs mobile load will be imposed and this tax will be applicable after the budget of 2012.

This is totally ridiculous. Government is trying to implement all the taxes on telecom industry of Pakistan which is not fair. An official of mobile company said that they will oppose it.


The person who is responsible for this is Firdous Ashiq Awan. This tax will reduce the speed of growth of telecom sector because they are already bearing a lot of burden of taxes.

Forex Trading In Urdu

Here is a tutorial of Forex trading in Urdu language for you.

Standard Chartered Bank Pakistan Careers

There are excellent career opportunities at Standard Charted Bank Pakistan. There will be a lot of development opportunities at Standard Charted.

Standard Charted is a world where inspirations and chances to go high in life never ends. Joining standard charted will secure your life and offer great rewards.

Contact them for career opportunity at standard charted.

Standard Charted Bank In Pakistan

Standard Chartered bank is also present in Pakistan. It has ranked in the top 25. Standard Chartered has been in the business of banking for 150 years with over 1,200 branches all over the world.
There are a lot of branches of Standard Charted bank in Pakistan. Here is a list of their branches with address in Pakistan.
Standard Charted Bank Branches In Pakistan:

Karachi:

Lahore:

Lahore

Islamadbad:

Forex Trading In Pakistan

Forex trading has been becoming popular in Pakistan as the internet service is approaching every where but it is more popular in people belonging to banking sector. Forex trading is not a game of children, it requires a lot of investment and patience. I personally know a lot of people who are investing  more than 30000 RS in this business and don't even getting a penny in return. In my opinion Forex trading is only for professional people because they know the trends of market and know what is the right time to sell or buy.

What is Forex trading ?
Forex trading is normally done through a broker. You have to buy a currency which you expect will increase in value and then sell it when it reaches at a significant amount. The whole thing happens within a few minutes.

How to start it ?
I would highly suggest you that you should first open a demo account and learn Forex trading before entering into this business because you have to learn the do's and do not's of this business.