ISLAMABAD – Pakistan’s National Electric Power Regulatory Authority has increased electricity tariff by Rs4.96 per unit for ongoing fiscal year (FY24) in line of the demands of International Monetary Fund (IMF) as the country is facing worst debt crisis.
With the latest tax hike, the base tariff moves up to almost Rs30 per unit, from the current national average base tariff of Rs24 per unit.
Besides the increase in base taxes, the federal government increased the duration of electricity's peak hours from July 1. The peak hours have been increased by two hours. Previously, they were from 6 pm to 10 pm, but now they will be from 5 pm to 11 pm.1 day ago
New taxes of power tariff and additional charges
100 Units per Month
If the government approves NEPRA’s suggestions, the power consumers using around 100 units per month will see a surge of around Rs500 in their bills as the base tariff has been increased from Rs13.4 per unit to Rs18.36 per unit for this slab. The minimum bill will be Rs1840.
200 Units per Month
Those using 200 power units and more will pay Rs1,000 more and the total bill will be increased from Rs3,700 to Rs4,700. For this slab, the base tariff will rise to 23.91 per unit.
300 Units per Month
People, who consume 300 units or more in a month will see their bills upto Rs8,000 or more.
400 Units per Month
Power consumers, who use slight usage of ACs and other appliances and used 400 or more units, will get a minimum bill of Rs12,300.
500 Units per Month
People using 500 power units or more will saw a huge surge in their electricity bills and will be up to Rs16,000.
Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.
On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.
Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.
UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.24||36.59|
|New Zealand Dollar||NZD||173.44||175.44|
KARACHI – Gold continues to move upward in local market amid surge in international rates.
On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.
Globally, yellow metal went up by $12 to settle at $2,015 per ounce.
Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.
|Lahore||PKR 217,600||PKR 2,600|
|Karachi||PKR 217,600||PKR 2,600|
|Islamabad||PKR 217,600||PKR 2,600|
|Peshawar||PKR 217,600||PKR 2,600|
|Quetta||PKR 217,600||PKR 2,600|
|Sialkot||PKR 217,600||PKR 2,600|
|Attock||PKR 217,600||PKR 2,600|
|Gujranwala||PKR 217,600||PKR 2,600|
|Jehlum||PKR 217,600||PKR 2,600|
|Multan||PKR 217,600||PKR 2,600|
|Bahawalpur||PKR 217,600||PKR 2,600|
|Gujrat||PKR 217,600||PKR 2,600|
|Nawabshah||PKR 217,600||PKR 2,600|
|Chakwal||PKR 217,600||PKR 2,600|
|Hyderabad||PKR 217,600||PKR 2,600|
|Nowshehra||PKR 217,600||PKR 2,600|
|Sargodha||PKR 217,600||PKR 2,600|
|Faisalabad||PKR 217,600||PKR 2,600|
|Mirpur||PKR 217,600||PKR 2,600|