A technician fixes new electricity meters at a residential building in Karachi. — AFP/FileElectricity drawn from grid to be charged at consumer tariffs.Agreement term cut to five years from earlier seven years.Govt ends one-to-one offset model for neutralising bills.ISLAMABAD:…
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Pakistan assures IMF of farm input tax hikes, cuts in uplift schemes
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC, US. — AFP/FileSelected items to shift into 18% GST slab.Measures tied to completing IMF’s 2nd programme review.Islamabad targets $1.2 billion from EFF and RSF.
ISLAMABAD:…
Pakistan Mart to open in Dubai as export gateway for global markets
This representational image shows a souvenir shop in the UAE. — Pexels/File
ISLAMABAD: Pakistan and the United Arab Emirates have agreed to establish Pakistan Mart in Dubai to enhance the global footprint of Pakistani export products.
The initiative is spearheaded by…
India’s Russian oil gains wiped out by Trump’s tariffs
US President Donald Trump, Indian PM Narendra Modi, Russian President Vladimir Putin. — Reuters/File
NEW DELHI: India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came…