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…
Related Posts
Petrol, diesel prices still carry 29% tax despite cut: sources
Vehicles wait for their turn to get fuel at a petrol station in Islamabad, on April 2, 2026. — ReutersPetrol includes Rs88.07 per litre taxes.Diesel carries Rs91.15 per litre taxes.Levy remains largest component of taxes.
Taxes continue to account for 29% of the prices of…
US-China set to meet with extension of tariff pause on the cards
The American and Chinese flags are photographed on the negotiating table, during a bilateral meeting between the United States and China, in Geneva, Switzerland, May 10, 2025. — ReutersSecretary Scott Bessent to meet China’s He Lifeng.Failure to reach deal to result in major tariff…
Pakistan, IMF begin virtual talks on financing gaps, FBR tax target credibility
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/FileIMF flags gap in FBR projections.UAE rollover still under negotiation.Spending cuts likely if revenues lag.
ISLAMABAD: Pakistan and the International Monetary Fund …