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Author: Mrs. Anjum Shahnawaz

Petroleum Prices in Pakistan increase decrease

Pakistan Raises Petroleum Prices for 2nd Half of February 2024

February 16, 2024February 16, 2024Mrs. Anjum Shahnawaz

Islamabad, February 15, 2024 – In a move that may impact the pockets of consumers, Pakistan has increased petroleum prices for the second half of February 2024.

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natural gas

Pakistan Cabinet Greenlights Substantial Gas Price Surge

February 15, 2024February 15, 2024Mrs. Anjum Shahnawaz

Islamabad, February 15, 2024 – In response to the ongoing economic crisis, the federal cabinet of Pakistan has approved a significant increase in gas prices, effective from February 1, 2024.

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Thudershower

PMD Issues Alert for Thunderstorms and Snowfall Across Pakistan

February 15, 2024February 15, 2024Mrs. Anjum Shahnawaz

Islamabad, February 15, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather alert forecasting thunderstorms and snowfall in various regions of the country.

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petroleum prices in pakistan

Pakistan Sets Petroleum Prices for Second Half of February 2024

February 15, 2024February 15, 2024Mrs. Anjum Shahnawaz

Islamabad, February 15, 2024 – The caretaker government in Pakistan is poised to announce new petroleum prices today for the second half of February 2024, with changes expected to come into effect from February 16, 2024.

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Political Uncertainty Clouds Pakistan’s Credit Rating: Moody’s

February 15, 2024February 15, 2024Mrs. Anjum Shahnawaz

In the aftermath of inconclusive elections that failed to produce a clear majority for any political party, Moody’s Investors Service has highlighted the clouded credit rating outlook for Pakistan due to the ensuing political uncertainty.

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Finance Ministry 02

ECC Approves Enhanced 25% Sales Tax Rate on Local Vehicles

February 15, 2024February 15, 2024Mrs. Anjum Shahnawaz

Islamabad, February 15, 2024 – The Economic Coordination Committee (ECC) of the Cabinet, during its meeting on Wednesday, gave the nod to an increased sales tax rate of 25 percent on locally assembled vehicles.

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FED on cigarettes

Pakistan Sees Surge in Smoking Cessation After Tax Hike – Report

February 14, 2024February 14, 2024Mrs. Anjum Shahnawaz

Islamabad, February 14, 2024: A new study by Capital Calling, a prominent Pakistan think tank, reveals a significant drop in cigarette consumption following the government’s implementation of higher taxes on tobacco products.

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Tax Ombudsman

President Commends FTO for Swift Taxpayer Grievance Resolution

February 14, 2024February 14, 2024Mrs. Anjum Shahnawaz

Islamabad, February 14, 2024 – In a commendation of the Federal Tax Ombudsman’s (FTO) commendable efforts, Pakistan’s President Dr. Arif Alvi has lauded the organization for its pivotal role in swiftly addressing taxpayers’ grievances.

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petrol shortage

Pakistan May Increase Petroleum Prices from February 16, 2024

February 13, 2024February 14, 2024Mrs. Anjum Shahnawaz

Islamabad, February 13, 2024 – As Pakistan navigates economic considerations, the caretaker government is contemplating a potential increase in petroleum prices for the upcoming fortnight starting from February 16, 2024.

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Tier-1 retailer

ECC Approves Rs 7.49 Billion Ramazan Relief Package

February 13, 2024February 14, 2024Mrs. Anjum Shahnawaz

Islamabad, February 13, 2024 – In a significant move aimed at providing relief to the targeted beneficiaries of the Benazir Income Support Programme (BISP) during the holy month of Ramazan, the Economic Coordination Committee (ECC) of the Cabinet has approved a Rs7.492 billion Ramazan Relief Package.

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