Stories from Shahbaz Rana
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Tax collection increases 28% to Rs640b
FBR needs 25.5% growth to achieve target for this fiscal year.
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Pakistan slips down development rankings: UN Report
Country clubbed together with 46 low human development countries.
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Oil and gas exploration: UK asks Pakistan to resolve income tax issue
Delay in doing so may hurt foreign investment into the country: diplomat.
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3G technology: All set for Rs75b auction, launch date unknown
Government plans to raise amount by February 2012 for budget financing.
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‘Public’ funds: Universities told to raise own funds
Vice-chancellors of 10 public sector universities demand an extra Rs8 billion.
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Bailout: Govt promises guarantees for fresh Pakistan Steel loans
The mill seeks Rs6b from banks to buy raw material and stay afloat.
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Cabinet committee: Electricity supply of 34,000 defaulters disconnected
Special cabinet panel to verify the figure due to power ministry’s previous dubious record.
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Popularity vs stability: To stay afloat, rupee may trim some flab
Pakistani authorities ‘conceptually agree’ to devalue rupee against the US dollar.
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Helping hand: Wheat support price increased by 10 per cent
Decision does not apply to provinces, Punjab criticises rate hike.
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FBR to examine tax returns to catch non-filers
Returns filed so far are lower than last year’s figure.