Stories from Irshad Ansari
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US agrees to disburse $550 million blocked money
The amount is part of the Coalition Support Fund for Pakistan’s fight against terrorism.
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Another stalemate in RGST negotiations
Technical committee of National Finance Commission unsuccessful in creating consensus amongst provinces.
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Still no consensus on RGST
Committee on Reformed General Sales Tax (RGST) on services fails to convince provinces on transfer of taxation.
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FBR body requests report on NATO, ISAF containers
FBR committee requests report on cross-border certificates for supposed Nato and Isaf supplies.
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Revenue body submits draft of CGT rules
FBR submits a draft of rules and procedures for capital gains taxation to ministry of finance for approval.
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Electricity tariff adjustments for July, August illegal
The monthly fuel charges adjustments for power distribution companies have been illegal for more than a month now.
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Concern expressed over customs clearance system
The World Bank expresses serious concern over the functioning of the Pakistan Customs Computerised System.
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Power distribution companies’ IPO likely
The federal government has decided to float a certain percentage of shares of power distribution companies.
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Over 3,000 firms reporting consistent losses
Report says country suffers Rs200 billion in losses due to tax concessions every year.
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WB asks FBR to curb smuggling
FBR has also decided to document a list of smugglers, their accomplices and financiers.






