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PSO signs SPA with Azerbaijan’s SOCAR for petroleum product supply

Pakistan State Oil Company Limited (PSO), the country’s largest fuel marketing company, has announced the approval and execution of a Sale Purchase Agreement (SPA) with the State Oil Company of the Republic of Azerbaijan (SOCAR). The agreement aims to bolster the supply of petroleum products in Pakistan, reflecting deepening energy cooperation between the two nations. […]

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Top 5% earners owe Rs 1.6 trillion in unpaid taxes, reveals FBR

In a significant revelation, the Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial disclosed that Pakistan’s top 5% of earners have an outstanding tax liability of Rs1.6 trillion. Speaking at a press conference alongside Finance Minister Senator Muhammad Aurangzeb and Minister of State for Finance Ali Pervaiz Malik, Langrial highlighted the government’s focus on

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