Stories from Shahbaz Rana
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Govt sanctions Rs270b for circular debt
Authorities decide to discontinue Rs3 per unit electricity subsidy for local industries
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Pay raise suggested for civil servants
Senate panel recommends hike in income tax exemption ceiling, rejects 17% sales tax
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NA panel hints at rejecting AML amendment bill
Committee’s response comes as government fails to satisfy concerns of legislators
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Senate panel proposes cut in penalty for hiding assets
Suggests three-year imprisonment and Rs0.5-million fine
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Despite lower exports, trade deficit contracts 13.6%
Gap calculated at $29.2b in 11 months solely due to import compression
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PM’s tax amnesty scheme fails to attract people
Less than 250 people have so far opted for the scheme by paying around Rs450m
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Referral of tax evasion cases to NAB opposed
Senate panel objects to declaring trade-based illegal transfer of funds overseas as money laundering
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Hafeez Shaikh irked by delay in PSM’s privatisation
Expresses displeasure over proposal for sale of power distribution companies
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$3.4b loan to Pakistan not finalised yet: ADB
Manila-based lender distances itself from govt's claim
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$3.4b loan to Pakistan not finalised yet: Asian Development Bank
Manila-based lender distances itself from govt's claim
