Karachi, April 5, 2024 – As Eid ul Fitr approaches, citizens across Pakistan are grappling with a sharp increase in inflation, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
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FBR Enforces Media Silence for Officials, Restricting Interaction
Karachi, April 5, 2024 – The Federal Board of Revenue (FBR) has issued a directive prohibiting its officials from engaging directly with the media, sparking debates over transparency and accountability within the organization.
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IMF Board to Decide on $1.1 Billion Tranche for Pakistan Late April
The International Monetary Fund (IMF) is poised to make a crucial decision regarding Pakistan’s financial assistance, with the Executive Board set to deliberate on the approval of a $1.1 billion tranche by the end of April.
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Pakistan’s Foreign Exchange Reserves Decline by $49 Million
Karachi, April 4, 2024 – Pakistan has experienced a decline of $49 million in its foreign exchange reserves for the week ending March 29, 2024, according to official data released on Thursday.
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Pakistan Shows Intention for New IMF Loan Program
Islamabad, April 4, 2024 – Pakistan has expressed its intention to enter into another loan program with the International Monetary Fund (IMF) to strengthen and consolidate its economy.
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SBP Declares Bank Holidays for Eid ul Fitr 2024
Karachi, April 4, 2024 – The State Bank of Pakistan (SBP) has officially declared bank holidays for Eid ul Fitr 2024, facilitating the nationwide celebration of this joyous occasion.
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FBR Launches Pakistan Honour Card Scheme for Taxpayers
The Federal Board of Revenue (FBR) has introduced a groundbreaking initiative aimed at recognizing and rewarding the nation’s diligent taxpayers. In a recent development, the FBR issued a Statutory Regulatory Order (SRO) on Thursday, marked as SRO 469(I)/2024 dated April 3, 2024, to inaugurate the “Pakistan Honour Card Scheme.”
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Gold Prices Surge by Rs 2200, Nearing Historic High in Pakistan
April 4, 2024 – Karachi: Gold prices in Pakistan experienced a significant surge on Thursday, climbing by Rs 2,200 and inching closer to historic highs within the nation.
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OMCs Directed to Ensure Petroleum Supplies During Eid Holidays
The Oil & Gas Regulatory Authority (OGRA) has issued a directive to Oil Marketing Companies (OMCs) to uphold uninterrupted supplies of petroleum products throughout the Eid holidays.
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FBR to Penalize Shopkeepers and Traders for Registration Failure
Karachi, April 3, 2024 – The Federal Board of Revenue (FBR) has instituted a penalty of Rs 10,000 for shopkeepers and traders who fail to comply with income tax registration requirements, as part of its concerted efforts to bring the large undocumented retail sector into the tax net.
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