Karachi, August 6, 2023 – The Federal Board of Revenue (FBR) has announced the latest tax rates for electricity consumption for the fiscal year 2023-24.
(more…)Category: National
-
Latest Petroleum Prices in Pakistan – Petrol and Diesel Rates from August 6
On August 6, 2023, the government of Pakistan announced the latest petroleum prices, revealing the rates for petrol and diesel in the country.
(more…) -
Pakistan’s National Flag Carrier Faces Dire Future Without Corrective Measures
The Minister for Aviation, Khawaja Saad Rafique, issued a stern warning on Friday, stating that Pakistan International Airlines (PIA), the country’s national flag carrier, could be confronted with catastrophic losses of Rs 259 billion by 2030 unless immediate corrective measures are taken.
(more…) -
President Alvi Directs UBL to Refund Defrauded Amount and Address Online Fraud Concerns
Islamabad, August 4, 2023 – President Dr. Arif Alvi has taken a significant step to protect banking customers and combat online fraud in Pakistan.
(more…) -
Pakistan and Iran Aim to Increase Bilateral Trade to $5 Billion in Five Years
Pakistan and Iran on Thursday, August 3, 2023 unveiled a comprehensive five-year trade cooperation plan with the aim of increasing bilateral trade to $5 billion, as the two countries seek to enhance economic ties and collaboration.
(more…) -
Section 7E Compliance Halts Property Transactions in Pakistan
The implementation of the mandatory requirement to comply with section 7E payment has brought property documentations across Pakistan to a near halt.
(more…) -
Government Extends 35% Increase in Salary to Corporation Employees
Islamabad, August 3, 2023 – In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all federal government employees in the budget 2023-24, to employees of autonomous and semi-autonomous bodies as well as corporations.
(more…) -
PM Sharif Defends Massive Hike in Petroleum Prices
Islamabad, August 1, 2023: Prime Minister Shehbaz Sharif on Tuesday said that the surge in the international market compelled the government to raise petroleum prices with a heavy heart.
(more…) -
Pakistan Releases Official Petroleum Prices for First Half of August 2023
Islamabad, August 1, 2023 – The government of Pakistan has officially released the petroleum prices for the first half of August 2023, announcing an increase in the prices of petrol and high-speed diesel (HSD). The finance ministry issued a press release stating that the hike in prices is due to the substantial increase in international petroleum product prices.
(more…) -
Pakistan Shockingly Increases Petroleum Prices from August 1, 2023
Islamabad, August 1, 2023 – Pakistan has dealt a blow to its citizens by unexpectedly raising petroleum prices as of today. The Finance Minister, Ishaq Dar, announced an immediate increase in the prices of petrol and high-speed diesel (HSD) by Rs 19.95 and Rs 19.90 per liter, respectively.
(more…)