Ongoing global oil price decline to benefit Pakistan: brokerage house The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,... Updated 05 Sep, 2024 10:32pm
Business & Finance Jul-Aug oil sales decline 12pc to 2.4m tons YoY KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21... Published 04 Sep, 2024 06:38am
Pakistan High octane: Senate body recommends hike in PL to Rs100/litre ISLAMABAD: The Senate Standing Committee on Finance and Revenue has recommended increasing petroleum levy on high... Published 15 Jun, 2024 06:57am
Markets Govt’s petroleum development levy target for FY24 likely to be surpassed: JS Global The government will likely surpass its Petroleum Development Levy (PDL) collection target for the current fiscal... Updated 03 Apr, 2024 10:11pm
Markets Govt may raise PDL on diesel to Rs60 as declining sales dent target: JS Global The government in its bid to achieve revenue targets assigned by the International Monetary Fund (IMF) may increase... Updated 06 Oct, 2023 11:43pm
Business & Finance PDL data collection: FBR prescribes new GST invoice for petroleum dealers ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed a new sales tax invoice for petroleum dealers for the... Published 06 Sep, 2023 03:37am
Pakistan NFC award major reason behind govt’s inability to go after untaxed sectors: economist Dr Ashfaque Hassan Khan says Islamabad loses incentive to tax undocumented economy as it loses big chunk of additional revenue Published 04 Sep, 2023 05:26pm
Markets Petroleum levy at Rs60/litre: component-wise breakdown of petrol price in Pakistan Price has increased 21% since August 1, 2023 Published 02 Sep, 2023 05:06pm
Business & Finance FPCCI for passing oil price dip benefit on to consumers KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has ... Published 16 May, 2023 03:23am
Markets Dollar released from Dar(kness): Pakistan moves to convince IMF As the PKR endured its worst day in over two decades (in terms of percentage loss), many say this is a step towards reviving the stalled bailout programme Updated 26 Jan, 2023 10:03pm
Markets Component-wise breakdown of petrol price in Pakistan Petroleum development levy at its highest, OMC margin to be reviewed Published 01 Nov, 2022 08:07pm
Print Ministry of Energy: MoF seeks update on commitments made with IMF Finance Ministry urges MoE to complete commitments agreed with the Fund well within the stipulated timeline under intimation to Finance Division Updated 18 Sep, 2022 11:32am
Business & Finance ‘Higher taxation on LPG may trigger ecological disaster’ ISLAMABAD: Higher taxation on LPG, once termed ‘poor man’s fuel’ is likely to suppress its demand in the... Published 06 Jul, 2022 05:35am
Business & Finance Budget FY23: Understanding with IMF may lead to revival of EFF KARACHI: In a welcoming breakthrough, Pakistan and IMF reached an understanding on the federal budget FY23 which... Published 23 Jun, 2022 06:55am
Pakistan For IMF programme revival: Pakistan to take more measures to appease IMF Analysts say only a small component of requirements met Published 22 Jun, 2022 06:40pm
Business & Finance Post-budget press conference: Fiscal tightening on the cards Miftah Ismail says energy sector’s woes have deepened due to mismanagement, unbearably high transmission and distribution losses PM Shehbaz Sharif talked to the Indonesian President about palm oil IMF not happy with the government measure to increase income tax exemption for salaried class Updated 11 Jun, 2022 05:57pm
Print FY22 budget reversed key policies damaging revenue prospects: IMF ISLAMABAD: The budget 2021-22 delayed key reforms and reversed some key policies damaging revenue prospects. This... Updated 06 Feb, 2022 09:15am
Business & Finance Govt to increase PDL by Rs4 every month after IMF agreement Adviser to PM on Finance says govt would ensure legislation for SBP autonomy Updated 22 Nov, 2021 10:02pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points