The global financial organisation termed it “unprecedented and historic”.
This significant increase highlights the crucial role of overseas Pakistanis in supporting the country's economy through remittances.
At least 29 million domestic consumers would avail of the subsidy.
The federal government borrowed Rs3.11 billion.
The consignment is expected to take less than a month to arrive in India.
The US dollar dominates the global economic system.
Provinces were directed to nominate a focal person for close coordination with dealers.
In 2022, only 5.2 million out of Pakistan's population of over 240 million filed income tax returns, highlighting a significant gap in tax compliance.
Abdul Sami Khan, Chairman of the PPDA, stated, "We met with government officials in Islamabad, but the talks produced no results; hence, we will go on strike as announced earlier."
Pakistani households will face a surge in electricity bills, with prices jumping between Rs3.95 and Rs7.12 per unit.
This decision has sparked strong reactions from Karachi residents already struggling with high inflation and economic difficulties.
The dealers gave a call for a nationwide strike against the government's "unjustified tax".
Pakistan has trade officers posted in 70 countries worldwide
A single-glass solar plate is being sold for Rs35,000 to Rs37,000 minimum.
A federal government employee would be eligible for a pension after 25 years of service
Under the new measures, makeup and beauty products will face a 40% hike in duties, while perfumes and sprays will see a 20% increase. Conversely, tariffs on imported hair clippers and hair dryers have been reduced to 10%.
Urban areas and rural areas witnessed a 0.58% and 0.28% inflation rate
The tax on medicine raw materials will be effective from July 1.
New rates would be effective from July 1.
The Finance Bill will be enforced from tomorrow (July 1).
A dedicated investigation wing will be established within FBR.
This initiative aims to offer citizens a swift and comfortable travel option during the summer break.
The move is expected to impact travel industry and the economy at large.
The government collected Rs960 billion from the petroleum levy.
The Sindh Revenue Board will begin collecting the tax on July 1
The prices of POL were slashed by Rs35 in the last four fortnight reviews.
MNAs accepted demands from different ministries and divisions.
The bidding process for PIA is scheduled to commence in the first week of August. Prime Minister Sharif emphasized the acceleration of the privatization process for PIA and underscored the importance of maintaining transparency throughout.
In the newly proposed Finance Bill 2024, the government has introduced a substantial hike in the maximum petroleum levy, increasing it by Rs20 to reach Rs80 per litre.
The import of cars saw a spike of 269 percent.
