Karachi, April 2, 2024 – Zafar Mahmood, Chairman of the Pakistan Tobacco Company (PTC), has projected a significant loss of Rs 300 billion in tax revenue due to the prevalence of non-duty paid (NDP) cigarettes during the current fiscal year 2023-24.
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Pakistan’s Trade Deficit Widens 56% YoY in March 2024
Islamabad, April 1, 2024 – Official data released on Monday revealed that Pakistan’s trade deficit widened significantly by 56.30 percent on a year-on-year basis in March 2024, highlighting ongoing challenges in the country’s trade balance.
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Pakistan’s Headline Inflation Rises by 20.7% YoY in March 2024
Islamabad, April 1, 2024 – Official data released on Monday revealed that Pakistan’s headline inflation surged by 20.7 percent year on year (YoY) in March 2024, reflecting ongoing challenges in the country’s economic landscape.
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Pakistan Surprises Nation with Rs 9.66 per Liter Petrol Increase
Islamabad, March 31, 2024 – Pakistan has announced a significant increase of Rs 9.66 per liter in the price of petrol, effective from April 1, 2024.
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Indus River System Releases 127,000 Cusecs Water
The Indus River System Authority (IRSA) has announced the release of 127,000 cusecs of water from various rim stations, accompanied by an inflow of 156,200 cusecs.
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FBR Sets Deadline for Shopkeepers and Traders Tax Registration
In a move aimed at expanding the tax base and formalizing the informal economy, the Federal Board of Revenue (FBR) has announced a one-month deadline for the tax registration of shopkeepers and traders.
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Pakistan Raises Petroleum Prices from April 1, 2024?
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.
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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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