Karachi, January 2, 2024 – Pakistan has experienced a staggering surge in petroleum prices, with an overall increase of up to 24 percent throughout the year 2023.
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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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IMF Includes Pakistan in Executive Board Agenda on Jan 11
Karachi, January 2, 2024 – The International Monetary Fund (IMF) has scheduled Pakistan on its Executive Board agenda for January 11, 2024, as indicated on its updated website.
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Pakistan Witnesses 15% Plunge in Petroleum Sales in 1HFY24
Karachi, January 2, 2024 – Pakistan has reported a significant 15% decline in petroleum sales during the first half (July – December) of the fiscal year 2023-24.
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Salary Tax Rates in Pakistan Unveiled for 2024
Karachi, January 2, 2024 – Pakistan has released the salary tax rates for the tax year 2024, outlining a progressive taxation structure.
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Pakistan’s Import Bill Plunges by 16.28% in 1HFY24
Islamabad, January 2, 2024 – Pakistan’s import bill has witnessed a substantial decline of 16.28 percent during the first half (July – December) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday.
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LTO Karachi Posts 35% Growth in December Tax Collection
Karachi, January 2, 2024 – The Large Taxpayers Office (LTO) in Karachi, the foremost tax collection agency of the Federal Board of Revenue (FBR) in Pakistan, has achieved an outstanding 35 percent growth in revenue collection for the month of December 2023 compared to the same month the previous year.
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FBR Recovers Rs 4.5 Billion in Tax From Multinational Company
Karachi, January 2, 2024 – The Federal Board of Revenue (FBR) has successfully recovered an outstanding tax amount of Rs 4.5 billion from a multinational company (MNC).
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KSE-100 Index Rings in New Year with Remarkable 3.54% Surge
Karachi, January 1, 2024 – The Pakistan Stock Exchange (PSX) experienced a jubilant start to the New Year as the benchmark index, KSE-100, celebrated with a robust gain of 3.54%, marking the second-highest single-day increase in its history.
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Pakistan Headline Inflation Soars to 29.7% in December 2023
Islamabad, January 1, 2024 – Pakistan is grappling with an alarming surge in inflation as the Consumer Price Index (CPI) records a staggering Year on Year (YoY) increase of 29.7 percent in December 2023.
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Pakistan Maintains Petroleum Prices Until January 15, 2024
Islamabad, December 31, 2023 – Pakistan has decided to maintain the current petroleum prices until January 15, 2024.
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