Proposal to increase income tax exemption threshold shot down

Say investments should shift from real estate, stock markets to farms and factories.

Many projects to be shut down are in least developed areas of smaller provinces

Will ask China to roll over another $1b loan; money to finance crude oil imports and meet budgetary support needs

ECNEC okays Rs410 billion worth of projects

Lending agency wants Islamabad to install smart electricity meters

Concessions to other sectors may also be entirely revoked.

Fiscal deficit to be contained at 4.3% of GDP, growth projected at 4.5%

Comprehensive plan chalked out to end preferential treatment .

Tax collection target for fiscal year 2014-15 revised lower yet again