Naya Pakistan Certificates Rules 2020 by Finance Division


The government of Pakistan, Finance Division has issued a Notification on 11-09-2020 in connection with Naya Pakistan Certificates Rules 2020. The details are as under:

 

Naya Pakistan Certificates Rules 2020

 

In exercise of the powers conferred by rules 8 and 12 of the Naya Pakistan Certificate Rules 2020, the Finance Division is pleased to Notify it.  According to it the certificates in the currency specified in Column (1) of the Table below shall be issued with a corresponding minimum denomination of the currency. This is specified in column (2) of that table. This will have a rate of return as specified in columns 3, 4, 5, 6, and 7 respectively.

 

Table of Minimum Denomination & Return

 

 

Sr. NoCurrencyMinimum DenominationRate of Return
   Three Months Six MonthsTwelve MonthsThree Years Five Years
12345678
1US Dollar (USD)5,000 USD5.5% on Maturity6% on Maturity6.5% on Maturity6.75% per annum on a semi-annual basis7% per annum on a semi-annual basis
2Pak Rupees (PKR)100,000 PKR9.5% on Maturity10% on Maturity10.5% on Maturity10.75% per annum on a semi-annual basis11% per annum on a semi-annual basis

 

 

Naya Pakistan Certificates Rules 2020 by Finance Division

 

Naya Pakistan Certificate Rules 2020

This Notification extraordinarily published on 12th September 2020 in the Gazette of Pakistan.


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