Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/FileCurrently, petroleum prices are revised on weekly basis.PM-formed committee prefers daily pricing mechanism. Model expected to be hybrid system rather than deregulation.ISLAMABAD:…
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Oil prices rise as hostilities worsen in the Middle East

Birds fly over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026. — ReutersHormuz disruption keeps global oil market on edge.US launches fresh strikes on Iranian-linked targets.Iran says Hormuz remains closed after renewed…
Govt considers slashing FBR tax target, proposal of floods levy on cards

A representational image showing the FBR logo. — FBR website/FileGovt mulls reducing FBR’s tax target to Rs13.7tr from Rs14.13 tr.Reduction of tax target by Rs300-500bn for FY26 possible.Flood levy to be imposed on high-net-worth sectors, individuals.
ISLAMABAD:…




