The profit rates on National Saving Schemes certificates have been revised upwards, a notification issued by the Finance Ministry said Thursday.
The profit rate for the Defense Savings Certificates has been moved up from 9.29% to 9.35%, while the return on Regular Income Certificates has been increased from 8.64% to 8.76%.
Likewise, the return on Short Term Savings Certificates, which have a tenor of six months, has been increased from 7.14% to 7.20%, the notification said.
Meanwhile, the returns on Special Savings Certificates, Special Savings Account, Bahbood Savings Certificates, Pensioners Benefit Account, Shuhada Family Welfare Account, Savings Account, Short Term Savings Certificates (three months), and Short Term Savings Certificates (12 months) will remain unchanged.
The joint venture is a vindication of the Ministry of Commerce’s “Make-in-Pakistan policy", says the adviser
Sales tax on petrol has been kept unchanged at 10.54%
Besides petrol, an increase in other petroleum products will also be enforced starting September 16
CPI inflation clocks in at 8.4% year-on-year compared to 8.21% in August 2020
Govt also notifies reduced prices for high speed diesel, kerosene and light diesel oil
OGRA proposes decreasing price of diesel by Rs5