Unsteady pulsatile flow of blood through a porous-saturated, tapered and overlapping stenotic artery in the presence of magnetic field is examined theoretically and computationally. The power law constitutive model is employed to simulate hameo-rheological characteristics. The governing equation is derived assuming the flow to be unsteady, laminar, uni-directional and one-dimensional (1D). A robust, finite difference method is employed for the solution of the governing equation, subject to appropriate boundary conditions. Based on this solution, an extensive quantitative analysis is performed to analyze the effects of blood rheology, body acceleration, magnetohydrodynamic parameter, permeability parameter and arterial geometrical parameters of stenosis on various quantities of interest such as axial velocity, flow rate, resistance impedance and wall shear stress. The computations demonstrate that velocity, flow rate and shear stress increase while resistance to flow decreases with greater permeability parameter. Additionally, the effects of magnetic field are observed to be converse to those of permeability i.e., flow is decelerated and resistance is increased, demonstrating the powerful utility of exploiting magnetic fields in hemodynamic flow control (e.g., intra-corporeal surgical procedures). Furthermore, the size of trapped bolus of fluid is also found to be reduced for large values of the permeability parameter indicating that progressively more porous media circumvent bolus growth.