Stories from Shahbaz Rana
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Finance minister shocked at lack of progress on SEZs
Issues faced by investors have yet to be addressed; land acquisition process, however, gets under way
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Govt debt grew at highest pace during PML-N’s term
Hits record high at Rs23.8 trillion with an increase of Rs9.4tr over five years
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Wealthy people seek just 2% tax on hidden assets
Meeting, chaired by finance minister to take decision, remains inconclusive
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FBR forcefully withdraws Rs2b from PRA’s bank accounts
Move a desperate measure to increase tax revenue for 2017-18
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Tax amnesty evokes poor response
An April 5, 2017 assessment of A F Ferguson showed Pakistanis hold about $150 billion worth of assets abroad
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Inflation touches 44-month peak at 5.2%
Higher petroleum product prices, rupee weakness fuel the rise in CPI
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In a flawed policy, 45% of taxes collected at import stage
This leads to increase in prices of goods as importers pass the impact on to consumers
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Finance ministry instructs SBP, AGP to block govt cheques
Decision comes on back of record high budget deficit of Rs2.4tr
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While availing amnesty, transgender activist declares Rs100m worth of assets
Despite over Rs100b tax contribution, FBR fell short of its annual target exposing poor tax machinery
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Federal cabinet extends tax amnesty scheme for a month
President promulgates ordinance after summary approved by caretakers