Stories from Shahbaz Rana
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ECC meeting: Govt to seek paying off part of debt to IPPs
PML-N govt will table summary today to clear Rs281b in debt.
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Consistent disappointment: FBR resorts to coercion to cover revenue shortfall
Tax authority forcing banks to pay advance income taxes to hide its own inefficiencies.
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Powering up: Govt to finally pay IPPs Rs285b in outstanding dues
Move expected to ease circular debt issue that plagues the entire energy chain and help curtail load-shedding.
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Govt withdraws income tax hike for lower salary brackets
Any fall in projected revenue will be overcome by increase in withholding tax on use of cellular phones.
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Help from above: US launching fund to finance small, medium enterprises
Investment initiative worth $160m will be announced at Dubai conference next week.
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Contrary to claims: Tax burden grows heavier for low salaried people
Government gives relief to the high income individuals at the expense of smaller pay cheques.
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Budget 2013-14: Senate panel wants govt to drop $3b worth of receipts
Says the amount has been provisioned for unrealistically and distort economic realities.
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Bailout: IMF cautious on Pakistan’s bid for fiscal adjustments
Body appreciates framework in new budget; will give formal response after critically examining all figures.
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Work delayed: ADB stops loan for key portion of Pakistan-China road link
Bank objects to compensation policy for land acquisition.
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IMF, govt to bargain over loan conditions
Fund likely to ask for withdrawal of subsidies, increase in tax revenue.