Business

ISLAMABAD (Kashmir English): The Finance Act of the new financial year 2026-27 came into force on July 1, where many rules about taxation were updated in different sectoral areas. As per the new Finance Act, the Government did not change the existing tax rates that are now being charged against the prize money of the

ISLAMABAD (Kashmir English): The federal government on Friday reduced petrol and diesel prices by Rs1.97 per liter each for the next week, according to the notification. According to the notification from the Petroleum Division, the price per liter of petrol was reduced by Rs1.97, after which the new price of petrol became Rs.297.53 per liter. In

ISLAMABAD (Kashmir English): As of July 1st, the federal government has increased the Climate Support Levy that’s levied on petrol and diesel, with the Petroleum Division issuing notifications about the revised rate. However, they have also decreased their Petroleum Levy on these two types of fuel simultaneously. According to this new notification, the government raised

LAHORE (Kashmir English): Inflation has hit Pakistan again as consumers in Lahore are bearing the brunt of soaring food expenses, as prices of ghee and cooking oil surged yet again in the city’s open market, further stretching the budgets of families. Local grocers said the latest increase ranged between Rs5 and Rs30 per kg depending on