Unconfirmed reports say that an understanding on tax on Nato containers has also been arrived at.

Annual plan committee paints a bleak picture for the next fiscal.

Advice at cross purposes with anti-subsidy rhetoric of Bretton-Woods institutions and the US.

Observation came following numerous media reports highlighting continuous misuse of cars by top bureaucrats.

Move to affect govt’s creditworthiness; IPPs threaten to take legal action.

Growth is around 1% higher than previous estimate of 2.8%.

FBR also proposes withholding tax on manufacturing to generate Rs100b extra.

Latter to be able to invest in govt papers through commercial banks.

Move will enable tax body to recover principal, boost revenues.

According to the survey, poverty has declined from 17.2 per cent in 2008 to slightly over 12 per cent in 2011.