Stories from Shahbaz Rana
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Agriculture shines, factories struggle
• Investment lowest in 50 years • Growth rate remained at 2.4% • Industrial sector grows mere 1.21%
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Annual tax exemptions hit record Rs3.9tr
Economic Survey reveals 73% surge in tax losses, fuelling IMF dispute amid ongoing negotiations
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Local experts challenge IMF’s tax plan with innovative reforms
Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions
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Local experts defy IMF’s tax plan
Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions
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Budget 2024-25: NEC approves Rs3.5 trillion development budget
Rs932 billion or 27% of the total national outlay will be funded by taking foreign loans
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IMF gets BISP allocation at Rs593 billion
Now there is a proposal to increase the number of beneficiaries in the range 9.6 million to 9.7 million people
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No decision on removing duty on man-made fabric
Competing forces stand in way of reducing cost of doing business
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Talks with IMF end without agreement
Disagreement persists over ‘irrational demand’ for high taxes on salaried class
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NEC finally gets a shape before next week meeting
Chief ministers of all four provinces are also the constitutional members of the NEC
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Govt mulls 2.5% tax on retailers
Proposal has potential to add hundreds of billions of rupees to tax receipts