Stories from Shahbaz Rana
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Almost all key targets missed
Power crisis hit GDP growth; deficit expected to swell to Rs1.95 trillion.
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Breaks for the elite: Tax exemptions cost exchequer Rs239.5b in FY13
Amount higher than what the country has received under the Kerry-Lugar aid package.
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Uplift budget fattened by Rs282b
Rs615b have been approved for the provincial Annual Development Plans, up by Rs102 billion over the outgoing year.
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Federal Board of Revenue waives penalties on goods importers
Will only have to pay principal amount, move aimed at boosting revenues.
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Weeding out graft: NEC may abolish PM’s discretionary fund
Proposal to be tabled before today’s council meeting; President reconstitutes council.
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Financial mismanagement: Old schemes eat up interior ministry’s budget
The biggest challenge facing Ahsan Iqbal is a cleansing exercise of the PSDP.
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Money matters: Government to unveil budget on June 12
Finance Minister Ishaq Dar urges nation to help govt in overcoming economic crisis; calls for broadening tax base.
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Bowing out: Ashraf’s son-in-law resigns from World Bank post
Raja Azeemul Haq was appointed as ED despite lack of experience.
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Netting the netted: Govt may further burden taxpayers for FBR’s negligence
May increase taxes for non-corporate businesses, high-income individuals.
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Metro Bus projects for Karachi, Islamabad included in PSDP
Rs10 billion have been allocated for the first phase of the projects.