Stories from Shahbaz Rana
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FBR faces mammoth task of auditing over 93,000 cases within six months
Highly understaffed audit wing, challenges in courts among problems
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Metro train: Lahore’s Orange Line wins Rs20b tax exemptions
ECC okays similar concessions for Karachi, Peshawar, and Quetta transit projects
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Rs1.5b fraud: Senate panel briefed on case
NBP president presents bank’s version to standing committee on finance and revenue
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ECC approves Rs20b tax exemption for Lahore’s Orange Line Metro Train
Also extends similar tax breaks to rail-based mass transit schemes in other provincial capitals
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Dar hints at offering general tax amnesty
If offered, it will be the fourth such scheme introduced by the present political dispensation
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Several China-sponsored power projects hit snags
Only 5,000MW out of 8,810MW will be available by next year.
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Govt to revive moribund sell-off plans ahead of IMF meet
Lender is likely to hold talks with Pakistani officials on Feb 23
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Govt releases Rs280b for development spending
Two-thirds of the amount given to four priority sectors, compromising other critical areas like water security
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Consumer Price Index: Pace of inflation falls to 3.7% in Dec
Main reason was reduction in prices of food items, transport fare
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Next elections trumped economic caution for govt
Ruling party dropped reforms agenda and failed to put economy on strong footing