Malik further said that oil and gas exploration companies cannot be expected to continue their operations without receiving timely payments.
He further announced that five additional aircraft would be added to the fleet this year, with a further five aircraft planned for induction annually in the coming years.
Malik further said that oil and gas exploration companies cannot be expected to continue their operations without receiving timely payments.
Pakistan imports around 70% of its petrol products and that refined petroleum products remain expensive in the international market
Petrol will now be sold at Rs297.53 per litre
Silver prices also moved up, rising by Rs319 to settle at Rs6,764 per tola
The SBP has issued a circular to banks and exchange companies across Pakistan, notifying them of the scheme’s termination.
It also requested permission to recover legal expenses through periodic tariff adjustments and to actualise expenditures based on audited accounts.
The merged company will function as PTML, a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL).
White House rejected suggestions that Trump was benefiting from his position in office
The gas produced can then be used in a conventional household stove for cooking, providing a low-cost and sustainable alternative to natural gas.
This comes after weeks of talks and rumors that there will be new taxes on imported solar products.
The move comes after sharp increases in oil prices in recent months
The well is currently producing 2,000 barrels of oil per day
'With a massive Rs125B equity injection, PIA is now fully capitalized'
He further said that certain groups are misleading the public regarding petroleum prices.
Silver prices also followed the downward trend
He said provincial governments were being asked to allocate funds from their own budgets to assist the federation in meeting these obligations.
The budget approval marks the completion of legislative proceedings for the upcoming fiscal year in Khyber Pakhtunkhwa
Gold imports stood at $16.090 million during July-May of fiscal year 2025-26
Sellers will now be required to pay 2.75 per cent of the total transaction amount as advance tax
Following the approval of the budget, the Speaker adjourned the National Assembly session until 11:00 a.m. the following day.
Silver prices also followed the downward trend
Representing compliant Tier-1 retail businesses, CAP stated that it supports efforts to formalise the economy and expand the tax base.
According to the data, there is a 25 percent tax on phones costing up to $30. 36% tax is levied on phones priced between $31 and $100.
The spike in demand has caused the value of the Iranian rial to rise by nearly 100 per cent in the open currency market
The latest adjustment comes a day after the government announced major reductions in the prices of petroleum products
It may be recalled that yesterday, the government had reduced the price of petrol by Rs 74.28 per liter and set the new price at Rs 299.50.
