Tag Archives: US

Islamabad: The government has declined to disclose the exact amount of tax relief given to different sectors in the Finance Bill 2026–27, saying that discussions with the IMF are still ongoing and the budget measures are not yet finalised. The tax relief provided to high-income earners, along with the abolition and gradual reduction of super tax and cuts in tax …

Oil prices extended their losses on Tuesday as markets balanced expectations of supply resuming via the key Strait of Hormuz with weak physical demand signals and uncertainty over a preliminary deal aimed at ending the Iran war. By 04:36 GMT, oil prices were slightly lower, with Brent crude down 25 cents (0.3%) at $82.92 per barrel, while US West Texas …