Mrs. Anjum Shahnawaz, Author at Pkrevenue.com

Petroleum prices in Pakistan push inflation 13-year high

July 1, 2022December 17, 2024Mrs. Anjum Shahnawaz

KARACHI: The continuous rise in petroleum prices in Pakistan have pushed headline inflation up 13-year high at 21 per cent in June 2022.

New prices of petroleum products in Pakistan from July 01, 2022

July 1, 2022July 1, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The government of Pakistan has announced another raise in prices of petroleum products effective from July 01, 2022. The new prices of petrol have been increased by Rs14.85 per liter to Rs248.74 from Rs233.89. The rate of high speed diesel has been increased by Rs13.25 per liter to Rs276.54 from Rs263.31. The rate of […]

OTP requirement abolished for USC purchases

June 27, 2022June 27, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The government has abolished the requirement of One-Time Password (OTP) for purchases from Utility Stores Corporate (USC) at subsidized rates. Keeping in view the plight of the public, Prime Minister Shehbaz Sharif has abolished the One Time Password System used for purchases at utility stores, according to a statement issued on Sunday. READ MORE: […]

Leadership’s role crucial for Pakistan’s progress: Arif Alvi

June 27, 2022June 27, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The role of leadership is very crucial in challenging times; it is about understanding issues and being persistent in the pursuit of solutions. If the leadership is clear-headed, it can lead the nation on the path to progress. Dr. Arif Alvi, President of the Islamic Republic of Pakistan said in an exclusive interview with […]

Pakistan’s salaried class unhappy over new tax changes

June 25, 2022June 25, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The salaried class in Pakistan is in shock over the recent changes announced by the government and revert its decision to exempt income of salaried persons up to Rs1.2 million. The government on June 10, 2022 presented the federal budget 2022/2023 announced major tax relief for salaried class by enhancing threshold from Rs600,000 to […]

Pakistan imposes fixed tax on gold shops

June 25, 2022June 28, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan on Friday introduced a fixed tax regime for jewelers and decided to impose the fixed tax on gold shops measures a certain area. Finance Minister Miftah Ismail while addressing on the floor of the house, stated that only twenty two gold shops out of thirty thousand are registered. “A fixed tax will be […]

Pakistan tax offices to work extended hours for revenue collection

June 24, 2022May 11, 2026Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan tax offices have been directed to work extended hours on the last two days of the current fiscal year i.e. June 29, 2022 and June 30, 2022 for collection of duty and taxes.

Pakistan slaps super tax on industries, individuals

June 24, 2022June 24, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan on Friday imposed a 10 per cent super tax on earnings of certain industrial sectors and on income of high net worth individuals. Prime Minister Shehbaz Sharif announced to impose the 10 percent super tax on over 12 large industries and also on affluent persons with more than Rs 150 million annual income […]

HBL ordered to compensate bank fraud victim

June 22, 2022June 22, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: President of Pakistan, Dr. Arif Ali Alvi, on Wednesday ordered Habib Bank Limited (HBL) to immediate compensate a victim of bank fraud. President Dr Arif Alvi reprimanded HBL for unnecessarily dragging the matter of reimbursement of a trivial amount of Rs. 39,000 to the victim of bank fraud. READ MORE: SBP takes measures for […]

Procedure notified for TAD under Afghan transit trade