ATC judge Tahir Abbas Sipra on Saturday approved Jan's bail plea against surety bonds worth Pakistani Rupees (PKR) 10,000 each and directed authorities to release the journalist.
Private educational institutions across Pakistan have strongly opposed the government's proposed imposition of a point-of-sales tax on private schools charging monthly fees of over one thousand Pakistani rupees. The schools have threatened nationwide protests if the tax is implemented, The N
Petrol will now cost 259.10 Pakistani Rupees (PKR) per litre, down by PKR 1.86, while High-Speed Diesel (HSD) will be priced at PKR 262.75 per litre, with a decrease of PKR 3.32. according to ARY News.
According to a notification from the Finance Division, petrol prices surged by PKR 9.99 per litre, reaching PKR 275.6/ltr, while HSD saw a rise of PKR 6.18/ltr, settling at PKR 283.63/ltr for the upcoming fortnight.
Chairperson of PFMA, Asim Raza said that the measure has made flour mills withholding agents for tax collection. He said the tax is expected to increase flour prices by Pakistani Rupees (PKR) 8 per kg
The petroleum dealers were protesting against the government's decision to impose a 0.5 per cent advance turnover tax which, they say, would result in an additional tax burden of Pakistani Rupees (PKR) 1 million per pump, a demand they vehemently rejected and refused to accept under any circ
They urged the government to review the budget and roll back punitive measures like increasing taxes on the salaried class and allocating Pakistani Rupees (PKR) 500 billion to MNAs for development schemes in their constituencies.
In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy (PDL) on diesel and petrol from Pakistani Rupees (PKR) 80 to PKR 70 per litre but increased it from the existing PKR 60.
The National Electric Power Regulatory Authority (Nepra) on Saturday announced an increase in electricity tariff by Pakistani Rupees (PKR) 3.25 per unit, putting an additional burden of PKR 34 billion on power consumers, Pakistan-based The Express Tribune reported.