Seeks special package to attract foreign remittances; PM turns down proposal to crack down against Hundi

Reaches a whopping $26.6 billion during July-April, pressure on foreign exchange reserves to increase

The step removes last irritant to the signing of a loan deal during PM’s upcoming visit to Beijing

Says subsidy should be ended; proposal likely to meet resistance from FBR

Finance committee unanimously adopts investigation report into alleged undue payments made in June 2013

Profit or loss, tax rate could go up by 25% to 1.25% of revenue

Predictions much higher than assessments made by SBP, says country's susceptibility to event risk is 'high'

Seeks 20% sales tax rate for majority population amid differences between finance ministry, FBR

Gap between income and expenditure rises to Rs1.2tr, prompting heavy borrowing

Shifting of cases from FBR HQ to ‘inexperienced’ field formations raises eyebrows