The Oil Companies Advisory Council (OCAC) has unveiled alarming figures, revealing that smuggled petroleum products are inflicting a staggering loss of $35.6 million on Pakistan’s economy every month.
(more…)Author: Mrs. Anjum Shahnawaz
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PM Shehbaz Orders Full Tax Track and Trace Implementation
In a significant move aimed at bolstering tax compliance and curbing illicit activities in various sectors, Prime Minister Shehbaz Sharif has directed the elimination of all legal impediments obstructing the complete activation of the tax track and trace system.
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SECP Clarifies Reporting Requirements for Shareholding Changes
Islamabad, March 25, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has issued a crucial clarification concerning the reporting procedures for changes in shareholding among non-listed companies.
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Lahore Chamber Demands Withdrawal of Gas Tariff Hike
Lahore Chamber of Commerce and Industry (LCCI) is vigorously advocating for the withdrawal of the recent gas tariff hike, asserting its detrimental impact on the economy at large.
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Sindh Braces for Hot Weather on March 25
Islamabad, March 24, 2024 – The Pakistan Meteorological Department (PMD) has issued a forecast warning of hot weather for several cities in the Sindh province on Monday, March 25, 2024.
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Qatar Aims to Expand Presence in Energy and Housing Sectors
Islamabad, March 23, 2024 – The Qatar Fund for Development (QFFD) has expressed a strong desire to increase its involvement in Pakistan’s energy and housing sectors, signaling a promising avenue for bilateral cooperation between the two nations.
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Northeast Punjab Anticipated to Experience Rain on March 24
Islamabad, March 23, 2024 – The Pakistan Meteorological Department (PMD) has issued forecasts indicating that Northeast Punjab is poised to receive rain accompanied by thunderstorms on Sunday, March 24, 2024.
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PM Shehbaz Vows Economic Recovery in Pakistan Day Message
Islamabad, March 23, 2024 – On the occasion of Pakistan Day, Prime Minister Shehbaz Sharif has pledged to lead the country towards economic recovery and prosperity.
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Latest Petroleum Prices in Pakistan Effective From March 23
The latest petroleum prices in Pakistan from March 23, 2024 are: petrol at Rs 279.75 per liter and high speed diesel (HSD) Rs 285.56 per liter.
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Pakistan Plans $300 Million Panda Bonds Sale in Chinese Markets
Islamabad, March 23, 2024 – Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, revealed intentions to explore Chinese investment avenues by considering the sale of Panda bonds worth up to $300 million, marking the country’s debut in the Chinese bond market.
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