Every citizen has a question that will Pakistan raise petroleum prices for first fortnight of April 2024 in today’s revision. This question has been emerged after the reports suggested that the government would increase the petroleum prices from April 1, 2024 just ahead of Eid ul Fitr.
(more…)Category: Pakistan
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PM Urges Cabinet to Fast-track Five-Year Roadmap Goals
Lahore, March 30, 2024 – In a compelling call to action, Prime Minister Muhammad Shehbaz Sharif has rallied his cabinet members to swiftly embark on the journey towards achieving the ambitious targets outlined in a comprehensive five-year roadmap.
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Petroleum Prices in Pakistan for Last Two Days of March 2024
Petroleum prices in Pakistan for the final two days of March 2024 stand at Rs 279.75 per liter for petrol and Rs 285.56 per liter for high-speed diesel (HSD). These rates will be effective until March 31, 2024.
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Pakistan’s Weekly Sensitive Price Indicator Surges 29.41% YoY
Islamabad, March 29, 2024 – Pakistan’s weekly Sensitive Price Indicator (SPI) witnessed a substantial surge of 29.41 percent year on year (YoY) basis as of March 28, 2024, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday.
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Gold Reaches Rs 234,800, Nears All-Time High in Pakistan
Karachi, March 29, 2024 – The gold market in Pakistan witnessed a significant surge, with prices soaring to Rs 234,800 per Tola, edging closer to the all-time high of Rs 240,000 per Tola set on May 10, 2023.
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SBP Extends Deadline for Import of Cash Dollars till June 30
Karachi, March 29, 2024 – The State Bank of Pakistan (SBP) has announced an extension to the deadline for the import of Cash US Dollars by exchange companies.
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Pakistan Sees $37 Million Increase in Weekly Forex Reserves
Karachi, March 28, 2024 – Pakistan has experienced a notable increase of $37 million in its foreign exchange reserves for the week ending March 22, 2024, according to official data released on Thursday.
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LTO Karachi Achieves Historic Rs 13 Billion Single Tax Recovery
Karachi, March 28, 2024 – In a historic milestone for the Federal Board of Revenue (FBR), the Large Taxpayers Office (LTO) Karachi made biggest-ever tax recovery, amounting to approximately Rs 13 billion, from a taxpayer for defaulting on advance tax payments.
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SBP Grants Waiver of Biometric for Asaan Mobile Accounts
Karachi, March 28, 2024 – In a bid to enhance financial inclusivity and streamline digital banking processes, the State Bank of Pakistan (SBP) announced on Thursday a temporary waiver of biometric verification for Asaan Mobile Accounts (AMAs), marking a significant move towards facilitating easier access to financial services, particularly for women.
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Profit Repatriation by Foreign Investors Surges 237% in 8MFY24
Karachi, March 27, 2024 – The repatriation of profit and dividends by foreign investors operating in Pakistan has witnessed a remarkable surge, soaring by 237 percent during the first eight months (July – February) of the fiscal year 2023-24, according to official data released on Wednesday.
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