The budget debate in the Senate commenced with a blistering criticism from Opposition Leader Shibli Faraz, who blasted the ...

Pakistan’s annual budget has traditionally been more of a routine fiscal exercise conducted every year, covering only one year, voted every year, and executed over one year, rather than a fully ...

ISLAMABAD: The government is set to impose Petroleum Levy (PL) of Rs 77 per litre (Rs 82,077 per metric ton) on furnace oil ...

The oil industry has criticised the government's plan to impose carbon and petroleum levies on furnace oil, warning that the ...

“Under the ongoing IMF programme for Resilience and Sustainability Financing (RSF), the government has agreed for the imposition of the carbon levy on petrol, diesel and furnace oil along with the ...

Chaired by MNA Naveed Qamar, the committee also gave its nod to increasing the withholding tax rate on cash withdrawals — ...

Pakistan’s $7 billion deal with the International Monetary Fund (IMF) in 2024 marked the 24th such agreement since 1958, a telling symptom of the country’s chronic dependence on external bailouts.

The Ministry noted that a virtual meeting was held on June 13 between Azerbaijan’s Finance Minister, Sahil Babayev, and ...

Pakistan's plans to upgrade its oil refineries hit a roadblock after the IMF rejected key government proposals linked to tax ...

Saudi Arabia is expected to be Pakistan’s largest source of external financing in the upcoming fiscal year with over $6 billion in support as the South Asian country seeks to raise more than $20 ...

The events of the year 2000 resonate vividly in my memory. Back then, I was serving as the deputy chief of mission at the Indian embassy in Brussels, a city kno ...

The recent revelation aired by Pakistani security analyst Imtiaz Gul renewed attention to the Nur Khan air base near Islamabad.Gul allege ...