Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/FileFollowing the announcement of a massive hike in petroleum prices, a government official on Saturday clarified the rationale behind the decision and how the fuel pricing mechanism…
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Govt set to replace net metering system with net billing policy

A technician fixes new electricity meters at a residential building in Karachi. — AFP/FileSolar electricity exported to grid to be credited at lower rate.Previously units imported and exported were balanced one-for-one.Got, Discos term it necessary to cover grid infrastructure…
FBR removes ‘estimated market value’ column from income tax return form

An undated image of the Federal Board of Revenue building in Islamabad. — APP/FileLaw minister Azam Tarar led review committee.Petroleum minister, attorney general were also members.Committee assessed new column’s impact on taxpayers.
ISLAMABAD: The Federal Board of…
India says its economy has overtaken Japan, eyes Germany

A mobile crane carries a container at Deendayal Port in Kandla, in the western state of Gujarat, India, April 5, 2025. — ReutersReview pegs GDP at $4.18 trillion.Final confirmation awaits 2026 annual GDP data.IMF projects India edges Japan in 2026.
NEW DELHI: India has overtaken…




