Stories from Shahbaz Rana
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Budget creation: Govt constitutes a large tax advisory committee
To give representation to lobbies in attempt to stem post-budget protests.
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Pakistan Development Fund: Reserves surge after injection of $750m
SBP tightlipped about donor countries.
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PTCL assets: Two dozen properties cannot be transferred to Etisalat
Govt decides not to demand payments for these properties.
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Dent in revenues: Govt admits to revising tax target downwards
Tax collection target now Rs2.345 trillion, development budget sliced as well.
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Energy projects: PPP government stays short of targeted spending
Auditors point to lack of planning and mismanagement of funds.
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Cushioning reserves: Lenders link loans to increase in gas prices
Govt unable to decide admissible level of gas losses finds itself in spot of trouble.
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Taking its toll: PAC orders probe into toll tax evasion
Revenues do not reflect increase in traffic on highways and motorways.
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Petition against interest payments poses risk: Report
Govt plans to float $500m Eurobond in global market this month.
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Capacity tax: FBR increases tax burden on beverage industry
Tax rates go up 60-70%, bottlers may knock court’s door.
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Non-Discriminatory Market Access: Pakistan looks to open up trade with India
Proposal to soften curbs at Wagah to be presented before cabinet.









