Stories from Irshad Ansari
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Energy: Distribution companies to start consumer survey
Survey one of the conditions imposed by World Bank and Asian Development Bank.
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Coal: Thar fields exempted from federal excise duty
Step taken for development of coal fields, output exempted from 1% federal excise duty.
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NEPRA approves cut in power tariffs
Notification for implementation to be issued by ministry.
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WB approves $300m for commodity financing
Import of 150 items will be reimbursed under the aid.
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FBR seeks to revise tax target
Revision of RGST to 15%, month’s delay in imposition cited as reasons.
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Finance ministry directed to control fiscal deficit, inflation
Prime Minister Yousaf Raza Gilani told corruption in Federal Board of Revenue (FBR) decreased.
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FBR officers can now arrest tax evaders
Conducting raids on manufacturing units, stores and offices allowed.
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2% hike ordered from November 1
Govt decides to increase price of electricity by two per cent, notification issued by the ministry of water and power.
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We didn’t ask Pakistan to hike power tariff: IMF
IMF authorities say the introduction of RGST bill marks start of implementation of conditions agreed with the Fund.
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Draft exempts food, life-saving drugs, books
General Sales Tax Bill draft also excuses 184 textile units from paying sales tax on utilities.