National Economic Council to discuss proposal on May 30

Withholding tax of 1% on life insurance, 4% on general insurance could be imposed

Annual Plan Coordination Committee meeting sets growth target of 5.7 per cent for 2016-17

All items in that list to be pushed down to 3%, but rates for 10%, 15% slabs to rise

Ahsan Iqbal writes letter to Ishaq Dar, complaining he is being ignored in Budget Strategy Paper preparation.

Against Planning Commission’s demand of Rs350b, indicated allocation amounts to just Rs124b

Increase in rates for both filers and non-filers of tax returns proposed

Pakistan has raised $1.4 billion at interest rate of up to 5.2% in last 6 months

Ministry of Defence seeks Rs920b for year 2016-17, Dar fails to mention whether or not he would allocate the amount

More incentives for listing companies, providing housing finance likely