Karachi, April 15, 2024 – The Federal Board of Revenue (FBR) has taken significant steps towards streamlining the operations of international oil suppliers in Pakistan by implementing rules under the Customs Bonded Facilities Rules, 2024.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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PM Shehbaz Directs Utilizing Renewable Energy to Cut Oil Imports
Islamabad, April 15, 2024 – Prime Minister Muhammad Shehbaz Sharif has underscored the imperative of harnessing renewable energy sources to mitigate Pakistan’s dependency on oil imports, directing the energy ministry to expedite efforts in this regard.
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FBR Extends Sales Tax Return Filing Deadline to April 22, 2024
Islamabad, April 15, 2024 – The Federal Board of Revenue (FBR) has announced an extension of the deadline for filing monthly sales tax returns, providing relief to taxpayers across the country.
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Gold in Pakistan Ends Near Record High, Reaching Rs 247,300
Karachi, April 15, 2024 – Gold prices in Pakistan experienced a notable rebound on Monday, closing at Rs 247,300 per tola, nearing its all-time high.
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Pakistani Delegation Embarks on IMF Talks for New Loan Program
Islamabad, April 14, 2024 – A delegation led by Finance Minister Muhammad Aurangzeb set off for Washington on Sunday to engage in discussions with the International Monetary Fund (IMF) regarding a new loan program aimed at bolstering Pakistan’s economic stability.
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Rupee Expected to Remain Stable Against Dollar from April 15
The Pakistan Rupee is anticipated to maintain its stability against the US Dollar in the week starting from April 15, 2024, owing to the impending talks for a new loan program with the International Monetary Fund (IMF).
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Pakistan Set to Revise Petroleum Prices Amid Iran Strikes on Israel
Pakistan is poised to adjust petroleum prices for the second half of April 2024 amidst escalating tensions following Iran’s drone attacks on Israel. The revised prices, to be announced on April 15, 2024, will remain in effect until the end of the month.
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Pakistan Repays $1 Billion Towards International Bonds
Pakistan has successfully completed the repayment of $1 billion towards its International Bond on April 12, 2024, as announced by the State Bank of Pakistan (SBP) on Saturday.
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Positive Sentiments Expected on PSX as New IMF Talks Approach
Karachi, April 13, 2024 – The Pakistan Stock Exchange (PSX) is anticipated to witness a surge in positive sentiments next week as talks with the International Monetary Fund (IMF) regarding a loan program are set to commence.
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Escalating Middle East Tensions Propel Oil Prices to 6-Month High
Oil prices surged to a six-month high, reaching levels not seen since October, as escalating tensions in the Middle East sent shockwaves through global markets.
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