The government of Pakistan has recently released the updated petroleum prices, which will be effective from July 6, 2023, until July 15, 2023. These prices are subject to change only if there are earlier revisions.
(more…)Category: National
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Government Employees in Pakistan Granted Salary Increase of up to 35%
Islamabad, July 6, 2023 – In a major development, the President of Pakistan has approved a substantial salary increase of up to 35 percent for government employees. The finance ministry issued a notification outlining the details of this salary raise.
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Minimum Pension Raised to Rs12,000; Notification Issued
Islamabad, July 6, 2023 – The government of Pakistan has taken a significant step towards improving the welfare of retired individuals by announcing a substantial increment in the minimum pension.
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Finance Division Notifies Increase in Pension by 17.50%
In a significant development, the Finance Division has issued a notification on Wednesday, July 5, 2023, announcing a substantial increase in the pension of government employees.
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Analysts Predict Increase in Petroleum Prices in Pakistan through Levy, Sales Tax Adjustments
Karachi, July 5, 2023 – Analysts at JS Global on Wednesday suggested that Pakistan might increase petroleum prices by enhancing the petroleum levy and sales tax. Their analysis indicates that the Petroleum Development Levy (PDL) collection has fallen short of the target due to reduced sales of Oil Marketing Companies (OMCs) and the government’s reluctance to raise the PDL charge.
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Pakistan to Hold Countrywide Protests Against Holy Quran Desecration in Sweden
Islamabad, July 5, 2023 – In response to the desecration of the Holy Quran in Sweden, the government of Pakistan has announced countrywide protests and a joint parliamentary session. The decision was made during a meeting chaired by Prime Minister Shehbaz Sharif in Islamabad on Tuesday.
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Petroleum Prices on July 5, 2023
Islamabad, July 5, 2023 – The government of Pakistan has announced the updated petroleum prices, effective from July 5, 2023, until July 15, 2023. These prices will remain in effect unless there are earlier revisions. The petroleum prices in Pakistan as of July 5, 2023, are as follows:
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Petroleum Prices Today on July 3, 2023: Petrol, Diesel, and Kerosene Prices in Pakistan
Karachi, Lahore, Islamabad, and other cities across Pakistan have witnessed a recent update in petroleum prices, effective from July 3, 2023.
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Pakistan Sacrifices Public Sentiments this Eid; Raises Levy on Petrol to Rs55
Karachi, July 1, 2023: In a move that has disappointed the public during Eid ul Azha, the Pakistan government has decided to increase the levy on petrol to Rs55, instead of providing relief on petroleum prices. The decision, announced by Finance Minister Ishaq Dar, came into effect on July 1, 2023.
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