Finance Minister Muhammad Aurangzeb speaks on Geo News programme ‘Capital Talk’, Islamabad, October 22, 2025. — Screengrab via YouTube/Geo News 80% of flood damage occurred in Punjab: FinMin.Income tax relief extended to lower earners: Aurangzeb. Minister says wheat…
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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…
Govt cuts development budget by 10%, mulls smart lockdown to tackle fuel crisis
A representational image of calculator and planning sheet. — ReutersGovt provides subsidy to keep prices of petrol and diesel unchanged.Funds from Rs350bn for contingency measures being used to provide fuel subsidy.Funds of ministries and divisions cut down by Rs68 billion.<p…
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IMF questions govt’s plan to raise revenue after super tax abolition, salary tax cuts
International Monetary Fund logo is seen outside the headquarters building in Washington, US, September 4, 2018. — ReutersGovt decides to request IMF for abolishing Super Tax.Lender questions how next fiscal year target will be materialised.IMF to hold talks with govt to…