Monsoon flooding Punjab ‘KP
ISLAMABAD – The National Disaster Management Authority (NDMA) on Wednesday warned of monsoon flash floods and urban flooding in Punjab, Khyber Pakhtunkhwa and other parts. Monsoon rains and thundershowers, as per NDMA’s Emergencies Operation…
NA approves Finance Bill 2024-25
Islamabad, Pakistan – Pakistan’s National Assembly approved a controversial tax increase bill on Friday. This move aims to meet ambitious revenue targets set for the upcoming fiscal year and secure a crucial loan from the International…
New custom rules on imported milk
Islamabad (May 27): Pakistan’s Directorate General of Customs Valuation in Karachi has established new customs values for importing skimmed milk powder and instant milk powder. These changes apply to imports from countries like New Zealand,…
PSO allows change rate adjustment on HSD import (May 16-31)
KARACHI (May 16): The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s (PSO) claim for an exchange rate adjustment of Rs1.43 per litre on high-speed diesel (HSD) and 32 paisa per litre on petrol. This adjustment will be applied…
PIA bidding to be telecasted live: PM
Prime Minister Shahbaz Sharif was apprised on Tuesday that the pre-qualification process for the privatization of Pakistan International Airlines (PIA) would be completed by May. An important review meeting regarding the affairs of the Ministry of…
Petrol price reduces by Rs 14 n diesel by Rs 9 wef May 16
ISLAMABAD (May 16): The ex-depot petrol rate may decline by Rs 13.40 per litre and high-speed diesel (HSD) by Rs 8.19 per litre for the next fortnight starting from May 16, according to an estimate. The premium on petrol is expected to be around $10.30…
PL collection Rs 719 billion in nine months of current FY
Islamabad (May ) – Federal government has succeeded in collecting petroleum levy (PL) on petroleum products, with a 98 percent rise compared to the same period last year. This surge in tax collection has amounted to Rs 719 billion, marking a…
Central Bank kept policy rate unchanged
Karachi (April 28): “The State Bank of Pakistan (SBP) decided on Monday to maintain the key policy rate unchanged at 22 percent for the seventh consecutive time. In Monday’s meeting, the Monetary Policy Committee (MPC) observed that…
Down by Rs 8.03/litre petrol prices wef May 1
ISLAMABAD (April 25) – Fortnightly rates of petrol and High-Speed Diesel (HSD) are expected to be slashed by up to Rs 8.03 per litre due to a decline in international oil prices and premium rates, with effect from May 1, 2024. The federal government is…
Urea price increased
ISLAMABAD : Urea prices have been increased by two manufacturers despite no corresponding increase in gas prices, highlighting a missed opportunity for the government to gain significant revenue of up to Rs 100 billion.Fatima Fertilizers has increased…
