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اردو

Dec 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan

Petrol, diesel prices to stay unchanged for next fortnight: Ishaq Dar

Govt extends deadline to file income tax returns to December 15

BR Web Desk Published November 30, 2022

Finance Minister Ishaq Dar on Wednesday announced that there would be no change in the prices of petrol and diesel for the next fortnight, Aaj News reported.

In a televised address, the minister said that the deadline for filing tax returns has been extended to December 15.

Dar announced a reduction of Rs7.5 per litre on light diesel and Rs10 on kerosene oil. "The revised price of Kerosene oil will be Rs181 per litre, while for light diesel, it will be Rs179 per litre," the finance minister said, adding that the prices of petrol and high-speed diesel will remain unchanged for the next 15 days.

"The price of petrol will remain at Rs224.80 per litre while the price of high-speed diesel will stay at Rs235.30 per litre for the next fortnight," he said.

The minister said that the deadline for filing tax returns, which was November 30, had been extended by 15 days to December 15. He urged the nation to take advantage of this opportunity and file their tax returns at the earliest.

Ishaq Dar petrol price

Comments

Comments are closed.

Haroon Nov 30, 2022 10:13pm

Dar Sb is on a mission to make Pakistan default. Abysmal decision considering the fact that IMF deal is in lingo and default risk is high. We are wasting essential dollars by not raising GST on POL products.

Recommended (0)

Kashif ALI Dec 01, 2022 02:18am

GST should not be a concern at all. PDL must be levied to the maximum. It is a very right decision by government to keep the prices same, given the fact that International crude oil prices are going down. It is extremely important to shore up the coffers of federal government at the earliest. A rich federal government that is capable of paying back the external debts will show the real symptoms of investors' confidence on our debt. The population of all sort of vehicles is a good indicator that the public can easily afford the expensive fuels. So, if the fuel rates are increased to 250 by raising PDL beyond 50 rupees, there are good chances that FBR target could be achieved. This is more so necessary because fuel consumption is decreasing and we must achieve our target by any means.

Recommended (0)

Kashif ALI Dec 01, 2022 02:23am

@Haroon, GST is not a priority as much as PDL should be. GST revenue has to be shared with provinces whereas PDL revenue belongs to federal government solely. So, priority is to enrich the Federal government. Provinces and public are not the priority. So, I endorse the government's decision to keep prices unchanged. It is important that PDL must be collected beyond its annual stated committed target with IMF. Public has no issue with rising prices of fuels. Raising hue and cry for a few days should not be a worrisome matter. And for default prospects, I am sure that less educated and ignorant people should not have the right to speak on such topics which they don't know about at all or have little knowledge. There must be a damn check on the freedom of expression. Discussions on Default must be the sole prerogative of those professionals who have full knowledge about it and could mentor the ignorant people at large.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 16	278.22
USD PKR Interbank Buying / Dec 16	278.02
USD to Japanese Yen / Dec 16	153.65
USD to Swiss Franc / Dec 16	0.89
Pound Sterling to USD / Dec 16	1.26
Euro to USD / Dec 16	1.05

Stock	Volume
S&P 500 / Dec 13	6,051.09
Nasdaq / Dec 13	19,926.72
Dow Jones / Dec 13	44,828.06
India Sensex / Dec 16	81,676.46
Tokyo Nikkei / Dec 16	39,457.49
Hang Seng / Dec 16	19,769.24
FTSE 100 / Dec 16	8,295.82
Germany DAX 30 / Dec 16	20,352.81

Item	Value
Gold 10 Grams PKR / Dec 13	242,373.80
Petrol/Litre / Dec 16	252.10
Crude Oil USD/Barrel / Dec 16	70.92
Karachi Cotton PKR/37.32 KG / Dec 16	17,585
Gold Spot USD/Ounce / Dec 16	2,654.28
Diesel/Litre / Dec 16	255.38

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First Capital Equities / Dec 16 First Capital Equities Limited(FCEL)	6 ▲ 1.00 (20.00%)
Dadabhoy Cement / Dec 16 Dadabhoy Cement Industries Limited(DBCI)	6.11 ▲ 1.00 (19.57%)
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Pervez Ahmed Consultancy / Dec 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.71 ▲ 0.18 (11.76%)
Gulistan Sp. / Dec 16 Gulistan Spinning Mills Limited(GUSM)	10.66 ▲ 1.00 (10.35%)
Nimir Resins / Dec 16 Nimir Resins Limited(NRSL)	30.31 ▲ 2.76 (10.02%)
Frontier Ceram / Dec 16 Frontier Ceramics Limited(FRCL)	26.37 ▲ 2.40 (10.01%)
Maqbool Tex. / Dec 16 Maqbool Textile Mills Limited(MQTM)	31.86 ▲ 2.90 (10.01%)
Sanghar Sugar / Dec 16 Sanghar Sugar Mills Limited(SANSM)	35.60 ▲ 3.24 (10.01%)

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Leiner Pak Gelat / Dec 16 Leiner Pak Gelatine Limited(LPGL)	140.29 ▼ -15.59 (-10.00%)
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Hala Enterprise / Dec 16 Hala Enterprises Limited(HAEL)	14.05 ▼ -1.33 (-8.65%)
Khyber Textile / Dec 16 Khyber Textile Mills Limited(KHYT)	718 ▼ -66.95 (-8.53%)
Pak Gulf Leasing / Dec 16 Pak-Gulf Leasing Company Limited(PGLC)	10.91 ▼ -0.97 (-8.16%)
GOC (Pak) / Dec 16 GOC (Pak) Limited.(GOC)	62.02 ▼ -5.48 (-8.12%)
Elahi Cot. / Dec 16 Elahi Cotton Mills Limited(ELCM)	81.50 ▼ -6.95 (-7.86%)
Baba Farid Sugar / Dec 16 Baba Farid Sugar Mills Limited(BAFS)	41 ▼ -3.40 (-7.66%)

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WorldCall Telecom / Dec 16 Worldcall Telecom Limited(WTL)	402,919,788 ▲ 0.11
Pak Int.Bulk / Dec 16 Pakistan International Bulk Terminal(PIBTL)	75,509,313 ▼ -0.27
Cnergyico PK / Dec 16 Cnergyico PK Limited(CNERGY)	59,402,940 ▲ 0.12
Pak Refinery / Dec 16 Pakistan Refinery Limited(PRL)	54,656,298 ▲ 2.65
Pak Elektron / Dec 16 Pak Elektron Limited(PAEL)	48,188,715 ▲ 1.28
Treet Corp / Dec 16 Treet Corporation Limited(TREET)	47,769,875 ▲ 1.46
Fauji Foods Ltd / Dec 16 Fauji Foods Limited(FFL)	47,559,743 ▼ -0.14
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