Islamabad, March 12, 2024: Muhammad Aurangzeb, the former Chief Executive Officer (CEO) of Habib Bank Limited (HBL), has officially assumed the role of Pakistan’s Finance Minister.
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Bank Holiday Today, March 12, for Zakat Collection in Pakistan
Karachi, March 12, 2024: In anticipation of the forthcoming holy month of Ramadan ul Mubarak, all banks across Pakistan will observe a bank holiday today, March 12, 2024.
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PM Shehbaz Stresses Upon Undersea Exploration for Oil and Gas
Islamabad, March 11, 2024 – In a significant move to harness Pakistan’s untapped natural resources, Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday, highlighting the urgent need for undersea exploration to identify and utilize potential oil and gas reserves.
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State Bank of Pakistan Notifies Bank Timings for Ramadan 2024
Karachi, March 11, 2024 – As the holy month of Ramadan approaches, the State Bank of Pakistan (SBP) has officially released the schedule for bank timings during this sacred period.
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Investment in Saving Certificates Drops by 12% in Pakistan
Karachi, March 11, 2024 – Pakistan has witnessed a substantial decline of 12 percent in investment in saving certificates during February 2024, compared to the same month a year ago, according to official statistics released by the State Bank of Pakistan (SBP).
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Fresh Petroleum Prices in Pakistan from March 10, 2024
Islamabad, March 10, 2024 – Pakistan has announced fresh prices of petroleum products from Sunday, March 10, 2024, which will remain applicable till March 15, 2024.
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Essential Items Register Sharp Price Hike Ahead of Ramadan
Karachi, March 9, 2024 – The prices of essential items in Pakistan have experienced a notable surge, raising concerns among the public as the holy month of Ramadan approaches, according to official statistics released by the Pakistan Bureau of Statistics (PBS).
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SBP Declares Bank Holiday on 1st Ramadan for Zakat Deduction
Karachi, March 8, 2024 – The State Bank of Pakistan (SBP) announced on Friday that it will observe a bank holiday on the 1st day of Ramadan-ul-Mubarak, 1445 A.H., for the purpose of the annual Zakat deduction.
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FBR Issues SRO to Implement 25% Sales Tax on Motor Vehicles
Islamabad, March 8, 2024 – In a move to generate revenue and discourage the use of non-essential and luxury items, the Federal Board of Revenue (FBR) in Pakistan has notified a 25 percent sales tax on motor vehicles.
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Workers’ Remittances into Pakistan Grow 13% in February 2024
Karachi, March 8, 2024 – The State Bank of Pakistan (SBP) reported a substantial 13 percent Year-on-Year (YoY) growth in workers’ remittances to Pakistan in February 2024.
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