Stories from Shahbaz Rana
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ECC defers pension cuts on legalities
Okays new scheme for civilians; pension bill now 4th-largest budget expense
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PM’s Rs200b industrial package in doldrums
IMF objects to power rate cut for commercial users, wealth tax
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Govt to abolish tax on banks’ profit
FM to get NA approval on Friday; not ready to reverse tax hike for salaried class
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Govt seeks Rs34.6tr borrowing
Allocations for state organs surge by up to 63% despite dire fiscal conditions
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Govt cuts proposed PSDP down to size
Rs250b reduction aimed at creating fiscal space for tax withdrawals
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Senate rejects tax hikes for workers
Proposes exclusion of independent spouse’s assets from wealth statements
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Govt defies IMF call for withdrawal of Rs749b tax exemptions
Senate panel told govt only proposed withdrawing Rs337b in budget
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For fourth time : Govt stalls solar panel policy
Delays impact US investment plans, raise concerns over energy strategy
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FBR to raise property valuations
Plans to collect Rs70b by increasing valuations to 90% of market prices
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Exporters fail to win tax relief from PM
Exporters demanded increase in fixed income tax rate from 1% to 1.5% instead of reverting back to normal tax regime.