Effective October 1, the new rates are as follows: Super 98 petrol: Dh2.66 per litre (down from Dh2.90 in September) Special 95 petrol: Dh2.54 per litre (down from Dh2.78) E-Plus 91 petrol: Dh2.47 per litre (down from Dh2.71) Diesel: Dh2.60 per litre (down from Dh2.78) The price drop was anticipated due to subdued global oil […]
The IMF package is not just for the federal government but for the entire country, said Aurangzeb, in a press conference held in Islamabad. He stressed the importance of implementing tough decisions to ensure economic stability. Pakistan has availed 25 IMF programmes since becoming a member of the International Monetary Fund (IMF) in 1950. The […]
As per the details, the spokesperson of Utility Stores said that the prices of more than 170 items have been reduced by Rs 10 to Rs 190. He said that this decision has been taken amid the trend of a reduction in the inflation rate. The spokesman said that the reduction in the prices of […]
Atif Ikram Sheikh, President of FPCCI has said that there are difficulties in filing returns owing to a defective system of the Federal Board of Revenue (FBR) causing delays owing to technical difficulties. FPCCI President said the FBR must offer attention to the improvement of the tax system alongside its harsh measures. There are limitations […]
Workers in the Pacific Northwest region walked off the job on September 13 after overwhelmingly voting down a contract offer, effectively shutting down assembly plants for the 737 MAX and 777. “Talks broke off, and we have no further dates scheduled at this time. We remain open to talks with the company, either direct or […]
The Business Roundtable Conference was held in Beijing’s Chaoyang District 25 major Chinese investment companies have expressed their deep interest in investing heavily in Pakistan including agriculture, automobile, electrical alliances, pharmaceuticals, logistics, medical equipment and technology companies are included. Federal Minister for Board of Investment, Privatisation and Communications Abdul Aleem Khan presided over this conference […]
The move has been taken after an unprecedented Rs3.4 trillion profit by the State Bank of Pakistan (SBP) due to a record-high 22pc interest rate, which has now dropped to 16%. According to a notification issued by the Debt Management Office (DMO) of the Ministry of Finance, Pakistan, the scope of the Government Securities Buyback […]
During a meeting with IMF Managing Director Kristalina Georgieva, Prime Minister Shehbaz Sharif discussed the need for urgent action to control climate change in Pakistan. The loan will support Pakistan’s Climate Resilience and Sustainability Facility, which aims to promote economic stability and sustainable development in the country. The Prime Minister also expressed appreciation for the […]
KCCI President Iftikhar Ahmed Shaikh in his statement said the FBR’s portal for submitting online tax returns is not ‘working’ and the traders are finding it difficult to submit their returns as the deadline is also nearing. Shaikh urged the (FBR) to extend the deadline for filing income tax returns for a month as the […]
“We have undertaken major reforms by adopting a tourist-friendly visa regime under which tourists from 126 countries can obtain fast-track visas without fee. I am confident that this decision will play a key role in promoting the sector and opening new avenues for socioeconomic development in Pakistan,” the prime minister said in a message on […]
