Stories from Shahbaz Rana
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Real estate and textile: Lobbies get tax plans changed in their favour
Ministers demand increase in salaries, PM rejects.
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2014-15: Fiscal year brings Rs231b in new taxes
Govt scraps Rs103b tax exemptions to broaden revenue base.
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Carving the pie: Provinces’ share in federal taxes swells
FBR ability to achieve Rs2.810tr tax target will determine how much the provinces will receive.
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No austerity measures: Rs1.7 trillion deficit budget unveiled
Major incentives for industries, some relief for the common man.
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Provinces share in federal taxes increases to Rs1.720tr
Allocation will depend on FBR’s ability to meet Rs2.810tr tax target
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Suffering the loss: Tax exemptions wipe Rs477b off country’s revenues
First in-depth study reveals actual cost of tax concessions given to industrialists.
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Economic survey 2013-14: Off target
Dar, however, pledges to increase growth rate by 1% every year taking it to 7% by 2017.
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Economic survey: 13-year war on terror cost $102.5 billion
Losses sustained by the country due to the war on terrorism in the outgoing fiscal year stood at $6.7 billion losses
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Tax exemptions to the rich nearly double
Country sustains a loss of Rs477 billion in the outgoing fiscal year on account of tax exemptions to industrialists
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Budget 2014-15: Reforms take a back seat
Focus of government remains glued to traditional measures.