Air concern over 7.5% tax on retained profits; warn of default risks

Govt may unveil fiscally expansionary budget of around Rs14.6tr for FY 2023-24

If OGRA does not enforce the WACOG on time, the gas sector’s circular debt will further increase

FBR reluctant, suggests reviving 10% tax on undistributed reserves

Main cause of low disbursements is govt’s delay in reaching a deal with IMF

Says rupee devaluation generated Rs1.5tr bonanza for exporters

New secretary will face challenge of opening public purse, ensuring fiscal discipline

Proposes an overhaul of the real estate taxation system ahead of the budget

Technical assistance missions are separate from any programme review missions

RRMC recommends incorporating super tax into Income Tax Ordinance