Govt considering levy in a bid to plug leakages, widen tax base.

Move fuels speculations about purpose of grant.

Tax rate may be increased from 0.3% to 0.5% of the amount withdrawn.

National Economic Council to discuss proposal in May 29 meeting.

The announcement was made during a bi-annual meeting of National Finance Commission.

Says briefing was complete eyewash as tax proposals were not shared.

Opposition criticises chief economic czar for bypassing Parliament in the budget-making process

Unlike other salaried class, VIPs get exemption on significant portions of their salary.

Air Vice Marshal Arshad Qadoos said this referring to Rs627 billion for the outgoing fiscal year.

Proposal’s inclusion hinges on consent of the provinces.