Stories from Shahbaz Rana
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(Un)burdening the existing taxpayers: Senate panel recommends cut in sales tax rate
Reminds Dar of his proposal to broaden tax base instead of increasing taxes.
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Cut defence budget by Rs50b and I’ll withdraw GST increase: Dar
One per cent increase in sales tax to fetch Rs30b more than announced earlier.
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Restraining move: Senators oppose giving FBR access to bank accounts
Believe step will trigger capital flight, encourage corruption.
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Climbdown: Salaries of govt employees raised by 10 per cent
New govt yields to pressure, announces raise that will increase civilian pay bill by Rs22b.
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Development funds: Rs2.8b projects for Ahsan Iqbal’s constituency
Despite its own claims, the new government seems to be following in the footsteps of its predecessors.
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New tax measures: PML-N stretches the net to help banks avoid taxes
On the contrary, tax burden on salaried, non-corporate business classes has risen substantially.
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Bailout package: Talks with IMF on Pakistan’s terms, says Dar
IMF team to review the country’s ability to pay back previous loans.
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Govt fails in reducing reliance on foreign assistance
Budgets $5.7b, 137% higher, in external loans and aid for the fiscal year 2013-14.
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In ‘austere’ budget, deficit projected at Rs1.6 trillion
Total outlay of Rs3.6 trillion, increasing the Federal spending only by 0.6% over last year.
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New tax measures to boost revenues by Rs202.6 billion
Govt hopes to increase tax-to-GDP ratio to at least 9.7%.