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AKC stands for Asaan Karobar Card, a program initiated by the Punjab government to support small and medium-sized businesses. Here's what you need to know ¹ ²: - *Key Features:* - *Interest-Free Loans*: Up to PKR 1 million with no interest charges - *Repayment Terms*: 3-year loan tenure with a 3-month grace period - *Revolving Credit Facility*: Allows for flexible repayment and reuse of credit limit - *Eligibility Criteria:* - Resident of Punjab, Pakistan - Age between 18 to 50 years (21 to 57 years for some schemes) - Small business owner or viable business idea - Financial documents required for loan approval - *Application Process:* - Online registration through (link unavailable) - Fill out registration form with personal and business details - Upload required documents, such as CNIC and business plan - *Benefits:* - Easy access to business services and financial support - Government-backed program for reliability and trustworthiness - Supports small and medium-sized enterprises for economic growth
To apply for the Asaan Karobar Card, visit (link unavailable) and follow the registration process ¹ ³.
$USDC AKC stands for Asaan Karobar Card, a program initiated by the Punjab government to support small and medium-sized businesses. Here's what you need to know ¹ ²: - *Key Features:* - *Interest-Free Loans*: Up to PKR 1 million with no interest charges - *Repayment Terms*: 3-year loan tenure with a 3-month grace period - *Revolving Credit Facility*: Allows for flexible repayment and reuse of credit limit - *Eligibility Criteria:* - Resident of Punjab, Pakistan - Age between 18 to 50 years (21 to 57 years for some schemes) - Small business owner or viable business idea - Financial documents required for loan approval - *Application Process:* - Online registration through (link unavailable) - Fill out registration form with personal and business details - Upload required documents, such as CNIC and business plan - *Benefits:* - Easy access to business services and financial support - Government-backed program for reliability and trustworthiness - Supports small and medium-sized enterprises for economic growth
To apply for the Asaan Karobar Card, visit (link unavailable) and follow the registration process ¹ ³.
#FOMCMeeting President Trump's tariffs aim to protect US industries, but they also have significant economic implications. Here's a breakdown:
*Tariff Types and Rates:*
- *Section 232 Tariffs:* 25% on steel and aluminum imports, with rates doubling to 50% on June 4, 2025, for some countries - *IEEPA Tariffs:* 10% baseline tariff on all countries, with higher rates for countries like China (145%) and Canada/Mexico (25%) - *Auto Tariffs:* 25% on autos and certain auto parts - *Reciprocal Tariffs:* Rates vary by country, up to 50%, based on trade balances
*Economic Impact:*
- Reduced US GDP by 0.8% due to imposed tariffs - Potential reduction of 0.2% if IEEPA tariffs are permanently enjoined - Increased federal tax revenues by $156.4 billion in 2025 - Average tax increase per US household: $1,183 in 2025 and $1,445 in 2026
*Retaliation:*
- Countries like China, Canada, and the EU have imposed or announced retaliatory tariffs - Affecting $330 billion of US exports - Potential reduction in US GDP by 0.2%
*Key Findings:*
- Weighted average applied tariff rate would rise to 16.1% - Effective tariff rate would rise to 12.4% - Tariffs would raise $2.0 trillion in revenue over the next decade ¹