Business

Government considers income tax on farmers to meet IMF targets

Government considers income tax on farmers to meet IMF targets

The federal government is considering a new strategy to strengthen agricultural income tax collection as part of efforts to meet…
Oil prices extend gains as Middle East supply concerns keep markets on edge

Oil prices extend gains as Middle East supply concerns keep markets on edge

Global oil prices continued to rise on Thursday as persistent uncertainty surrounding the US-Israeli conflict with Iran raised fresh concerns…
Diesel price expected to fall by Rs30-32 per litre soon: Petroleum minister

Diesel price expected to fall by Rs30-32 per litre soon: Petroleum minister

ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has said the price of diesel is expected to be reduced by Rs30…
Meta and Pakistan launch AI training programme to help small businesses

Meta and Pakistan launch AI training programme to help small businesses

Meta Platforms and Pakistan have launched a joint artificial intelligence training programme aimed at helping small businesses expand their digital…
FinMin Aurangzeb confirms request for $10b feasibility to US

FinMin Aurangzeb confirms request for $10b feasibility to US

Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb on Wednesday confirmed the Exchange Stabilization Feasibility for a $10 billion…
FBR to monitor large financial transactions

FBR to monitor large financial transactions

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory to report financial transactions exceeding Rs100 million to its…
Retailer app launched as government simplifies tax scheme for small traders

Retailer app launched as government simplifies tax scheme for small traders

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Wednesday launched a retailer app, saying the government had simplified and made…
Rain causes operational problems, 62 flights delayed across Pakistan

Rain causes operational problems, 62 flights delayed across Pakistan

Heavy rain in Islamabad and Sialkot on Wednesday caused operational problems at several airports, resulting in delays to 62 flights,…
Power sector circular debt balloons from Rs61b to Rs1.67tr in FY2025-26

Power sector circular debt balloons from Rs61b to Rs1.67tr in FY2025-26

Pakistan’s power sector circular debt grew by Rs61 billion during FY2025-26, reaching Rs1.675 trillion by June 30, 2026, up from…
Oil edges up on uncertainty over exports through Hormuz

Oil edges up on uncertainty over exports through Hormuz

Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors…
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