Senate standing committee says income threshold should be lowered for high earners

The government is availing the programme loan for budgetary support

Argues it had failed to pay tax refunds of Rs400m after PAFL acquisition in 2006.

Also recommends allocations for NACTA.

Pakistan’s shipments abroad plunge 5% in 11MFY15; trade deficit widens 11.7%

Dar insists that government is not funding MNAs projects

14-member German delegation expected to hold talks, Pakistani officials keen on having European carmaker.

Govt looks to impose tax on every transaction done through banking channels

Repayments to be spread over 23 years, govt to raise $9b in debt this year

Minister for planning distances himself from finance ministry’s claim, says jobless rate stands at 8.3%.