Pakistan has recently announced updated petroleum prices, effective from July 9, 2023, which will remain applicable until July 15, 2023.
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Pakistan’s Middle Class Bears Brunt of Inflation as Kitchen Item Prices Soar
Islamabad, July 7, 2023 – Pakistan’s middle class is grappling with the impact of rising inflation, particularly the surge in prices of essential kitchen items, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday.
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Today Petroleum Prices in Pakistan on July 7, 2023
The government of Pakistan has recently unveiled the revised petroleum prices that will be in effect from July 7, 2023, until July 15, 2023.
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Dar Directs Quick Resumption of PIA Flights to US, UK, and Europe
Islamabad, July 7, 2023 – Finance Minister Muhammad Ishaq Dar has called for immediate measures to facilitate the prompt resumption of Pakistan International Airlines (PIA) flights to the United States, United Kingdom, and Europe.
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Today petroleum prices on July 6, 2023
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.
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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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DRAP Issues Warning to Pharmaceutical Companies Violating Barcode Printing
Islamabad, July 6, 2023 – The Drug Regulatory Authority of Pakistan (DRAP) has issued a warning to pharmaceutical companies that are failing to print barcodes on the packaging of their products.
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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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