Stories from Shahbaz Rana
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$1b import bill looms if wheat price delayed
Ministry warns uncertainty could discourage farmers, impacting sowing targets
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Govt to plug lacuna allowing banks to avoid taxes
New policy targets Rs200b annual bank tax evasion, promotes private sector lending
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CPEC jewel hasn’t shined yet
Even after 10 years of the CPEC, the port is not connected with the national electricity grid
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Pakistan in talks with China for security mechanism
Hopes of clinching infrastructure, energy deals remain unmet
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US pushes for special creditor status
Considers lending $1b to Pakistan for Reko Diq project; Islamabad remains hesitant
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FBR halts chasing shadows
Withdraws condition of filing affidavit with sales tax return by company CFOs
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Salaried class bears 1,550% heavier tax load than traders
Traders avoid even Rs100/month taxes under Tajir Dost Scheme
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Court questions FBR's ability to draft laws
Says new tax rates for late filers cannot be applied to old property transactions
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Banks may have to pay extra Rs197b
Additional tax is due to heavy lending to govt; institutions seek exemption
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IMF tax target for traders missed by 99.99%
Mini-budget looms as Q1FY2024-25 target missed despite taking advances