Staff Report

Budget 2023-24: IMF criticizes Pakistan for new amnesty scheme

LAHORE – The International Monetary Fund (IMF) has expressed reservations over government’s taxation system and a new amnesty scheme in the federal budget for fiscal…

ACC accepts PCB’s hybrid model for Asia Cup 2023

LAHORE – Asian Cricket Council (ACC) has accepted Pakistan Cricket Board’s (PCB) new hybrid model for upcoming Asia Cup without putting any additional condition on…

Why import of Russian crude oil will not decrease petrol prices?

ISLAMABAD – Arrival of first shipment of much-anticipated Russian crude oil and its transportation to Pakistan Refinery Limited for processing has raised a question that…

UNICEF raises alarm as displaced children reaches 43.3 million

LAHORE – The world has seen an alarming increase in the number of displaced children in the recent past, reveals a report of UNICEF. By…

NADRA chairman Tariq Malik resigns

ISLAMABAD – National Database and Registration Authority (NADRA) chairman Tariq Malik has resigned from his office following differences with the federal government and initiation of…

‘I cannot disclose terms of Russian oil import agreement’

ISLAMABAD – Minister for Petroleum Dr Musadik Malik has expressed his inability to give details of agreement with Russia, saying the country was getting good…

Will import of Russian oil reduce petrol prices?

ISLAMABAD – Arrival of first shipment of much-anticipated Russian crude oil has raised a question that whether the government will pass on the effect of…

Pakistan has Plan-B to avert default, says Dar

ISLAMABAD – Ruling out the possibility of default, Finance Minister Ishaq Dar has said that there was a Plan-B in case of delay in revival…

Budget 2023-24 – Increase in petroleum development levy

ISLAMABAD – Federal government has proposed revision in maximum limit of charging petroleum development levy in the budget for fiscal year 2022-23. At present, the…

Finance Minister Ishaq Dar presents budget for FY24

For Live speech click below. https://twitter.com/pakobserver/status/1667160186795212807?s=20 ISLAMABAD – Finance Minister Senator Ishaq Dar on Friday presented Rs 14,460 billion federal budget for the fiscal year…

Load More
Get Alerts