PM Shehbaz Sharif chairs a meeting PM chairs meeting to review impact of regional tensions.FO urges US, Iran to resume technical-level talks.Week-long escalation follows Iranian attacks on ships.Prime Minister Shehbaz Sharif said on Thursday that escalating tensions…
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US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
A cargo ship carrying containers approaches towards the Yantian port in Shenzhen, Guangdong province, China April 17, 2025. — Reuters US, China begin collecting port fees on each other’s vessels.China says Chinese-built ships exempted from its levies.US aims to loosen Chinese…
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:…
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:…