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The federal government is likely to raise petroleum prices by up to Rs20 per litre  — AFP/File ISLAMABAD: In a bid to get stalled $6 billion IMF bailout package revived, the coalition government is likely to raise the prices of petroleum products by up to a whopping Rs20 per litre from September 1, revealed well-placed sources. In the letter of intent (LoI) to the IMF, the government had said, in writing, that they have imposed a sales tax on petroleum products. The sources, however, said that the rate of sales tax on the commodity is likely to be raised from the next month, Daily Jang reported.  In order to fulfil the pre-requisites of the IMF, the federal government is likely to abolish the sales tax exemptions on petroleum products for the agricultural sector from September 1, the sources added. The authorities are mulling introducing 10.5% sales tax on petroleum products from October under the conditions set by the International Monetary Fund (IMF). It is pertinent

The head office of the Election Commission of Pakistan. -Geo News screengrab ISLAMABAD: The Election Commission of Pakistan (ECP) is expected to announce the verdict in the PTI foreign funding case this week as pressure mounts on the constitutional body from the ruling alliance after the explosive Financial Times article on the Imran Khan-led party's funding. The UK paper revealed that the PTI received funding from Wootton Cricket Club of Abraaj founder Arif Naqvi which was generated through a charity match and an Arab personality. The FT report provided ammunition to the Pakistan Democratic Movement (PDM) and they demanded an early announcement of the verdict which was reserved on June 21. ECP officials told Daly Jang  , on the condition of anonymity, that the Election Commission will announce the foreign funding verdict during the first week of August. The sources said that the PTI will only harm itself if it files a reference against Chief Election Commissi