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What is Blue Passport that Pakistani govt will issue to high taxpayers?

09:31 AM | 27 Mar, 2024
What is Blue Passport that Pakistani govt will issue to high taxpayers?
Source: File Photo

ISLAMABAD – Pakistani authorities are taking desperate measures to boost tax returns and the latest offer by the incumbent government is Blue Passport for high taxpayers.

Prime Minister Shehbaz Sharif announced Blue Passports for taxpayers, commending their role in the country's development, and contributions to increasing exports and addressing economic challenges.

Blue Passport Pakistan

Different from a regular passport, the official blue passport allows entry to around seventy 70 countries around the world without undergoing a visa process.

Government officials and high-ups are entitled to get blue passports. These passports were issued under Schedule III of Passport Rules 2021, and provided to government officials and individuals representing Pakistan on official business.

PM Shehbaz made the announcement in his address to the Tax Excellence Awards 2024 ceremony in Islamabad. PM emphasized the need for collective efforts to tackle economic challenges, and called for cooperation between the federal and provincial governments, and urged for bureaucratic hurdles to be eliminated.

Sharif, 72, stressed that a strong economy is essential for a nation's voice to be heard, and highlighted the need for faster decision-making processes.

Daily Pakistan Global Web Desk

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 20 May 2024

Pakistani currency rates against US Dollar and other currencies on May 20, 2024 (Monday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 20 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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