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Amid refineries’ outcry, the Special Investment Facilitation Council (SIFC) has decided to give *another deadline extension for signing agreements involving around $6 billion investment in the refining sector* and launch a crackdown against the smuggling of petroleum products.

The decision was taken at a meeting of the SIFC’s Apex Committee presided over by chairman Dr Jehanzeb Khan, also the prime minister’s special assistant. The meeting also directed the Petroleum Division “to resolve the sales tax issue by Nov 12”. *It also directed the Oil & Gas Regulatory Authority (Ogra) “to ensure and certify that priority be given to upliftment of products from domestic refineries and in case of deficit, state-run Pakistan State Oil (PSO) would have preference for imports*.

SIFC orders another extension for refineries Directs fixing sales tax issue by Nov 12; priority to lifting local goods.

https://propakistani.pk/2024/10/23/govt-hikes-sales-tax-on-tractors-to-14/?utm_source=social&utm_medium=whatsapp&utm_campaign=whatsapp_links

Govt Hikes Sales Tax on Tractors to 14% The federal government has increased sales tax on tractors from 10 to 14 percent from October 23. The FBR issued a notification (SRO.1643) here on

ریفائنریز اپ گریڈیشن، پٹرولیم ڈویژن کو سیلز ٹیکس استثنیٰ حل کرنیکی ہدایت

ریفائنریز اپ گریڈیشن، پٹرولیم ڈویژن کو سیلز ٹیکس استثنیٰ حل کرنیکی ہدایت اسلام آباد وزارت توانائی کے سینئر عہدیدار نے دی...

Interbank closing for todayhttps://www.sbp.org.pk/ecodata/rates/m2m/2024/Oct/23-Oct-24.pdf