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Solar Panel Prices Are Going To Be Very Affordable In Pakistan

The Pakistani government imposed a tax on solar panels

Deputy Prime Minister and Foreign Minister Senator Ishaq Dar has said that 46 percent of the goods for solar systems are imported. It has been decided to reduce the tax on solar panels from 18 percent to 10 percent.

The figure revealed by the Deputy Prime Minister is 8% lower than the one proposed by the government in the budget for the financial year 2025-26 where an 18% GST tax was proposed on imported solar panels to support local manufacturers and address market imbalances.

Solar panel prices reduced by 3 lakh rupees in Pakistan

However, the percentage reduction comes a day after the National Assembly’s Finance Committee unanimously rejected the proposal for an 18 percent GST, a move aimed at meeting fiscal targets backed by the International Monetary Fund (IMF).

Speaking in the Senate, he said that Pakistan’s economy is getting stronger day by day. The government has reviewed some budget proposals. There was a misunderstanding regarding digital tax. Sales tax on digital services will be the right of the provinces.

 

expected petrol and diesel price in pakistan

Petrol prices have been significantly increased from June 16, 2025

The government has significantly increased the prices of petroleum products. From June 16, 2025, the price of petrol has increased to Rs 258.43 per liter.

A statement issued by the Finance Division said that the federal government has decided to increase the prices of petroleum products based on the recommendations of OGRA and relevant ministries.

The federal government has increased the price of petrol per liter by Rs 4.80, after which the new price of petrol per liter has increased from Rs 253.63 to Rs 258.43.

Similarly, the price of high-speed diesel has been increased by Rs 7.95 per liter, resulting in its price increasing from Rs 254.64 per liter to Rs 262.59 per liter.

The announcement states that the new prices of petroleum products will be effective immediately for the next 15 days.

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Cement price in Pakistan today

A slight decrease was recorded in cement prices in Pakistan

The retail price of cement in Pakistan saw a slight decrease last week.

According to data from the Pakistan Bureau of Statistics, the average retail price of cement per bag in the northern cities of the country was recorded at Rs 1,413, which is 0.37 percent lower than the previous week.

During the period under review, the average retail price of cement per bag in the southern cities of the country was recorded at Rs. 1,428, which was also Rs. 1,428 last week.

According to statistics, during the past week, the average retail price of cement per sack in Islamabad was Rs 1,402, Rawalpindi Rs 1,386, Gujranwala Rs 1,449, Sialkot Rs 1,420, Lahore Rs 1,464, Faisalabad Rs 1,400, Sargodha Rs 1,398, Multan Rs 1416, Bahawalpur Rs 1450, Peshawar Rs 1,402 and Bannu Rs 1,360.

During the past week, the average retail price of cement per sack in Karachi was recorded at Rs. 1,360, Hyderabad Rs. 1,399, Sukkur Rs. 1,500, Larkana Rs. 1,416, Quetta Rs. 1,450 and Khuzdar Rs. 1,443.

 

State bank of Pakistan (SBP) announces holiday in Banks

State Bank has announced holiday on May 28th Youm-e-Takbir

The State Bank of Pakistan has announced a holiday on Youm-e-Takbir. According to the notification, all branches of the central bank and private banks will remain closed on Wednesday, May 28.

The government has declared May 28 a public holiday across Pakistan in connection with Youm-e-Takbir.

The notification states that on Wednesday, May 28, all sub-offices, including the head office of the State Bank, and all branches of private banks will remain closed and the staff will be on leave.

Govt proposes to provide energy-saving fans on easy installments

The government has prepared a national plan to replace high-power fans. The Prime Minister of Pakistan has approved a proposal to provide interest free energy-saving fans to the public on easy installments.

The IMF will also be consulted on a scheme to provide fans to the public on easy installments without interest.

Sources in the Finance Ministry say that the project to install energy-saving fans will be announced in the upcoming budget. Under the project, consumers will be able to install energy-efficient fans with the financial assistance of banks. Consumers will be able to pay for these fans in installments through electricity bills.

Punjab Govt Apni Chat Apna Ghar scheme registration, apply

According to the report, replacing AC fans with DC fans will save up to 5,000 MW of electricity. The Prime Minister has ordered the public to prepare various proposals for relief in electricity bills.

expected petrol and diesel price in pakistan

Diesel price reduced, petrol price unchanged for next 15 days

The federal government has announced no change in the price of petrol. Diesel prices reduced in Pakistan for the next fortnight.

According to the notification issued here, the price of high-speed diesel has been reduced by Rs 2 per liter as the new price has been fixed at Rs 254.64 per liter. However, the price of petrol has been maintained at Rs 252.63 per liter. The new prices will be in effect from May 16 to 31.

On April 15, Prime Minister Shahbaz Sharif said that prices would not be reduced, adding that the benefits of the reduction in global oil prices would be delivered through improvement projects.

He said that the benefits of the reduction in the price of petrol in the global market will be passed on to the people through development projects.

Earlier, on April 30, the government had reduced the prices of petrol and diesel by Rs 2 per liter, bringing the price of petrol to Rs 252.63 per liter and diesel to Rs 256.64 per liter after a reduction of Rs 2.

 

petrol price

Major reduction in petroleum product prices likely from May 16

There is a possibility of a major drop in the prices of petroleum products in Pakistan in the next 15 days starting from May 16.

Petroleum products may become cheaper due to a slight decline in the international market and an import premium on petrol. Petrol and diesel prices are likely to fall by Rs 3.5 and Rs 7 per liter respectively.

Sources say that based on the current tax rate, the final calculation on May 15 is estimated to reduce the ex-depot price of petrol by about Rs 3.5. The price of high-speed diesel may decrease by Rs 7 per liter.

The reduction in the price of petrol was estimated based on a decrease of about $1.5 per barrel in the international price of petrol and about $3 per barrel in the price of diesel over the past two weeks.

The current price of ex-depot petrol is Rs 252.63 per liter.

State bank of Pakistan (SBP) announces holiday in Banks

Banks across the country will remain closed on 2 Ramadan

All public and private banks in the country will remain closed on 3rd March, 2025 Monday, 2nd Ramadan, due to the deduction of Zakat

The State Bank of Pakistan has said that banks will remain closed on Monday, 2nd Ramadan, for the deduction of Zakat. The announcement said that the banking sector will remain closed for public transactions on 1st Ramadan.

Nisab of Zakat on Money 2025 in Pakistani Rupees

According to the announcement, all employees will remain in the office for work as usual (except when dealing with the public).

expected petrol and diesel price in pakistan

Petrol prices are expected to decrease in Pakistan from February

Petrol and diesel prices are expected to decrease from February 16, 2025, with prices likely to drop by Rs 2-3 per liter in the second half of this month.

The federal government is expected to provide relief to the public ahead of the holy month of Ramadan amid a decline in international rates.

Sources said that the price of petrol is likely to fall to Rs 255 while the price of diesel is likely to remain at Rs265 per liter. The price adjustment takes place amid fluctuations in the global oil market and the implementation of the Inland Freight Equalization Margin (IFEM).

The final decision will be taken by the Prime Minister after the OGRA’s proposal and the new prices will be announced by the end of the week.

Today Petrol Price in Pakistan

Product Price
MS Petrol Rs 257.13
Diesel Rs 267.95

election vacations in Pakistan - Summer Vacation in Punjab - Expected dates

Ramadan 2025 Expected School Timings in Punjab

Ramadan 2025 is just a few days away. Students and parents are eagerly awaiting the new school hours for the month of Ramadan. No changes have been made to school timings in Ramadan 2025 in all government and private institutions in Punjab, Pakistan.

But it is being revealed that in a few days, the School Education Department of Punjab will issue a notification of new working hours in all government and private schools and colleges across the province.

Expected Ramadan School Timings in Punjab

If the working hours of schools are changed during Ramadan, according to the new hours, boys’ schools will open from 8:30 am to 1:00 pm from Monday to Thursday, while educational institutions will open until 12:30 am on Friday.

While girls’ schools will open at 8:15 am and close at 12:45 pm from Monday to Thursday, on Fridays girls’ schools will open from 8:15 am to 12:15 pm.

Sindh govt notification for Ramadan school timing 2025

Schools that operate in two shifts will follow a different schedule. Double-shift schools will open from 8:30 am to 12:30 pm on the first shift and from 1:30 pm to 4:00 pm on the second shift, Monday through Thursday. On Friday, second-shift schools will open from 2:00 pm to 5:00 pm.

It is also expected that the morning assembly will remain closed during the holy month of Ramadan. School timings for ECE and Nursery may be from 08:30 AM to 11:00 AM.