Stories from Shahbaz Rana
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President promulgates sales tax ordinance 2014 as FBR falls short of collection target again
Tax collection falls short of the Parliament’s approved target but remains in line with the IMF’s projections.
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Fresh amendment: SBP to shake off govt’s shadows from July
Central bank will become sole owner and manager of foreign reserves.
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No detour from economic ties with Kabul, Dehli: PM
World Bank’s managing director recognises country’s efforts, urges reform.
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Boosting forex reserves: Pakistan refuses to sell $2.7b worth of gold says IMF
Global lender had asked country to sell gold to increase forex reserves.
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Policy shift: Ruling party to bring RPPs back on line
ECC orders companies which were awarded RPP contracts previously to reapply for licenses.
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Incoming: New loans of $2.2b to come in next two months
WB to give $1.7b cheap credit, Eurobond to bring $500m at high interest rate.
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Move backfires: FBR under scrutiny for tax collection
Revenue collection body lost taxpayers instead of recruiting more.
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Assurance to IMF: Circular debt money to be recovered from consumers
The per unit cost of electricity is expected to rise by a minimum 7-8%.
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Hit and miss: Amnesty scheme an abysmal failure, data shows
Only 3,000 people have so far availed PM’s initiative.
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Part of bailout: IMF clears third tranche of $540m
Finance secretary says that the installment will be disbursed this week.









