Stories from Shahbaz Rana
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SIM re-verification: To ease burden on telcos, govt agrees to tax rebates
Govt to waive sales tax on sale of new SIM cards, lower verification charges by over 50% from Jan 12 to Feb 28
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Moving ahead: CDWP slated to approve projects valuing Rs64b
Will meet on Tuesday to consider one and a half dozen schemes for approval.
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Development programme: Spending shrinks with aim to restrict budget deficit
Power, infrastructure and social uplift schemes get less-than-required funds.
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Trilateral deadline: Draft of transit trade deal to be ready in 3 months
Pakistan will gain access to landlocked Central Asia in return for use of ports.
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Power woes: Govt plans LNG-based power plants in Punjab
Plants planned as part of long-term energy policy.
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Stabilising economy: Broken promises and unachieved goals
Investment fails to pick up; exports turn negative, industries run at 60% of capacity due to crippling energy crisis
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Social security: Dar sets up committee to restructure EOBI
Pension administrator insists it cannot afford higher pension payouts
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Tax-ing ordeal: Govt misses half-year collection target by Rs90b
FBR’s figures indicate collection of Rs1.157t during six months of ongoing fiscal year.
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Benefits withheld: Sales tax on petroleum products jacked up by 5%
The move violates SC rulings that bar govt from increasing tax burden through executive order.
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Poverty reduction report: Expenses on subsidies, cash disbursements grow
Federal and provincial govts spend Rs347.3b on poverty alleviation during 1QFY15.