New prices will come into effect on Feb 16
The revelation was made by Aleem Khan.
The proposed merger would have created the world’s third-largest automaker, valued at approximately $60 billion.
The salaried class is paying high taxes.
The updated rates will be reflected in the electricity bills for February.
Although banks will not be required to halt these transactions, they must promptly inform the FBR for further scrutiny.
The bill was introduced by PML-N representative Romina Khurshid Alam.
The move is aimed at improving facilities.
Gold hit historic surge on Friday
Gold prices in Pakistan reached a historic milestone
Additionally, PIA's workforce has fallen below 7,000 employees
With this, the tax burden in total on property transactions, which lies between 11%-14% at the moment, is expected to come down to an approximate rate of around 4%-4.5%.
The initiative by the government aims to promote green transportation solutions and combat climate change.
The price of 10 grams of 24 karat gold rose by Rs. 1,629
Officials report that PIA's total losses are nearing $3 billion, with the airline's asset valuation estimated at around $572 million.
The arrangement is expected to help Pakistan boost its foreign reserves
Canada has responded to US with tariff hike.
In contrast, silver prices experienced a decrease, falling by Rs30 to stand at Rs3,270 per tola.
Gold prices also soared, hitting an all-time high of $2,799.71 per ounce
The offer applies to all PIA flights operating between Canada and Pakistan
The anticipated price hike is attributed to increasing global crude oil prices.
