Karachi: Private sector credit in May 2023 has fallen into the negative zone for the first time in a decade, according to analysts at JS Global Research.
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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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Pakistan Decides to Keep Petroleum Prices Unchanged for Next 15 Days
Pakistan on Thursday made the decision to maintain the current prices of petroleum products for the next 15 days, effective from June 16 until the end of the month.
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OGDCL Commences Oil and Gas Production from Wali (Bettani) Field in Khyber Pakhtunkhwa
Karachi, June 15, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced the successful commencement of oil and gas production from the Wali (Bettani) Field in District Lakki Marwat, Khyber Pakhtunkhwa Province.
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Time is Running Out: Last 15 Days to Redeem Bearer Prize Bonds
Karachi, June 15, 2023 – The State Bank of Pakistan (SBP) has issued a reminder to investors holding bearer prize bonds, stating that they have only 15 days left to redeem their bonds.
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Pakistan Aims to Generate Rs870 Billion from Petroleum Levy in 2023-24
Despite Challenges, Pakistan Sets Ambitious Revenue Target for Petroleum Levy in the Next Fiscal Year
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Senate Committee Reviews Customs Duty Proposals in Finance Bill 2023
Islamabad, June 14, 2023: The Senate Standing Committee on Finance and Revenue recently conducted a comprehensive review of the proposed customs duty amendments introduced through the Finance Bill 2023.
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BIPARJOY to Make Landfall, Triggering Widespread Impacts on Pakistan, Indian Coasts on June 15
Islamabad, June 14, 2023: BIPARJOY, a very severe cyclonic storm, is projected to make landfall along the coasts of Pakistan and India on June 15. With winds reaching speeds of 100-120 km/h and gusts of up to 140 km/h, the cyclone is expected to bring significant disruptions and potential hazards to the affected regions, according to National Disaster Management Authority (NDMA).
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Pakistan Gears Up to Announce Petroleum Prices on June 15 Amid Russian Oil Arrival
Islamabad, June 14, 2023: Pakistan is gearing up to announce the petroleum prices for the final fortnight of the fiscal year 2022-2023 on June 15, 2023.
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Severe Cyclonic Storm BIPARJOY Expected to Hit Pakistan and India, Alert Issued
A severe cyclonic storm named BIPARJOY is forecasted to make landfall in Pakistan and India on June 16, 2023, according to the National Disaster Management Authority (NDMA) of Pakistan.
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First Russian Crude Oil Carrier Ship Arrives at Port of Karachi
The port of Karachi on Sunday welcomed its first-ever Russian crude oil carrier ship. The arrival of this vessel marks a significant milestone in the relationship between Pakistan and the Russian Federation.
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