📌 Key Highlights & Quick Takeaways:
- KARACHI (October 29, 2026): The reporting limit for cash transactions in banks in the country has been increased from Rs 20 lakh to Rs 30 la.
- The government has increased the daily cash transaction reporting limit of banks across the country to Rs 30 lakh. Daily transactions of mor.
- Apart from this, it has been agreed to give powers to the provincial anti-corruption institutions to prevent money laundering, while the dec.
KARACHI (October 29, 2026): The reporting limit for cash transactions in banks in the country has been increased from Rs 20 lakh to Rs 30 lakh.
The government has increased the daily cash transaction reporting limit of banks across the country to Rs 30 lakh. Daily transactions of more than Rs 30 lakh in banks will be required to be reported to the Financial Monitoring Unit (FMU). Earlier this limit was set at Rs 20 lakh.
Apart from this, it has been agreed to give powers to the provincial anti-corruption institutions to prevent money laundering, while the decision to give powers to the provincial anti-corruption institutions was made subject to the completion of SOPs.
The government also decided to include NEC virtual assets in the anti-money laundering regime.
