A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ FileInitial estimates indicate Rs0.36 per litre reduction in petrol price.Rate for high-speed diesel to be increased by Rs9.47 per litre.Ogra to submit summary to Petroleum Division on…
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IMF directs govt to set up asset disclosure system for officers by year-end
This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund in Washington, DC. — AFPOfficials found submitting false information to face penalties, probe.Pakistan, IMF mull revising GDP growth target to 3.9% from 4.2%.IMF asks govt to comply with…
One-third of Pakistan’s taxpayers declare zero income in returns
This image released on March 3, 2022, shows the FBR building. — Facebook/Federal Board of RevenueFBR to send notices, launch audits after October 31 deadline.Chairman Langrial says FBR has transaction data of filers.FBR flags 977,000 filers showing lower income than last year.
Asia stocks surge, oil falls on hopes of US-Iran ceasefire deal
A file photo of of an oil pump jack. — AFP
Primary US benchmark West Texas Intermediate shaves below $88 a barrel.Tokyo, Seoul and Taipei stock exchanges surge by more than 2%.Hong Kong’s gains more muted, while Shanghai’s main benchmark loses 0.4%.