Stories from Shahbaz Rana
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Leading exporters: Withholding tax reduced from 3.5 to 1 per cent
Decision taken to make local goods competitive against smuggled ones.
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Anti-trust: Sugar lobby slapped with maximum fine
PSMA guilty of cartelisation, behaving like ‘Robber Barons’: CCP.
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Sales tax: Ministry retreats after lobbying
Tax rates lowered days after removing exemptions.
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Vital project: Lyari Expressway stalled by politics
Interests of diverse kinds may force tinkering with original design.
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CNG prices rise for Sindh and Punjab
Country divided into two regions again as government reverted to previous mechanism just in one month.
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Petrol price hike: Gilani to consider subsidy
OGRA increases prices of petroleum products by 10 to 13 per cent, criticism pours in. New CNG price announced.
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Barons pressurising govt to allow TCP to buy sugar from mills
Mill owners claim production will exceed demand, want purchase of surplus stock.
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Flood relief: Govt to borrow $125m from WB
Nearly Rs7 billion in donations left unused.
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Finance committee: Govt drops plan for budget review
MPs will continue to get limited role in making budget.
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Tax withdrawal : Machinery sales may be next in line
Government may succumb to pressure from yet another strong lobby.