Higher diesel levy absorbs part of global oil price decline as government prioritizes revenue collection ahead of budget
The government has retained a substantial share of the benefit from lower international oil prices by raising the petroleum levy on high-speed diesel (HSD), limiting the relief passed on to consumers despite a sharp decline in global fuel costs.
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Meme cryptocurrency remains under pressure despite slight daily gains as investors assess broader market conditions
Dogecoin (DOGE), one of the world’s most widely traded meme-based cryptocurrencies, was trading at $0.10 against the U.S. dollar on Monday, posting a modest daily gain but remaining lower on both monthly and annual comparisons.
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Government resists IMF proposal for GST increase as officials weigh revenue measures ahead of federal budget
Pakistan is unlikely to raise the General Sales Tax (GST) rate in the federal budget for 2026-27 despite a proposal from the International Monetary Fund (IMF), as authorities remain concerned about the inflationary impact of higher indirect taxes amid rising fuel costs, sources said.
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Federal Minister for Energy Owais Leghari has firmly rejected reports claiming that the government plans to end electricity subsidies for protected consumers, describing such claims as misleading and contrary to facts.
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Pakistan’s campaign in the Men’s U-18 Asia Cup 2026 suffered a setback as Malaysia clinched a dramatic 3-2 victory in a thrilling contest played in Kakamigahara, Japan, on Monday.
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Pakistan Women suffered a seven-wicket defeat against Ireland Women in the third match of the Women’s T20I Tri-Series at Castle Avenue, Dublin, despite posting an imposing total of 176/6 on Sunday.
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Pakistan’s SUV market is about to welcome two exciting new contenders as Jetour has officially opened registrations for its upcoming T1 and T2 SUVs ahead of their expected launch in June 2026.
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Pakistan’s pickup truck market could soon welcome a new contender as GWM Pakistan is reportedly preparing to introduce the highly anticipated Cannon Alpha Plug-in Hybrid Electric Vehicle (PHEV) pickup truck.
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Pakistan’s electric vehicle market has taken another important step forward as Lucky Motor Corporation (LMC) has officially started delivering its first GAC vehicles to customers.
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Tax body urges amendment to align sales tax law with FBR’s digital registration procedures
The Karachi Tax Bar Association (KTBA) has highlighted procedural hurdles in the Federal Board of Revenue’s (FBR) online tax system, saying registered taxpayers face difficulties in declaring business bank accounts because the prescribed sales tax registration form is no longer available on the tax authority’s digital platform.
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