Stories from Shahbaz Rana
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FBR in doldrums: Plan to catch tax evaders falters
Drastic drop seen in tax evasion notices; FBR yet to draft rules to access bank accounts.
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Ease of doing business: Pakistan’s ranking slips to 110th place
Country performs poorly on eight out of ten indicators.
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$6.7 billion programme: Pakistan seeks concessions from IMF
Lowering of reserves targets and increase in loan amount sought.
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Timetable: Govt clears high cost Jamshoro power project
ADB to consider $900m loan for the project tomorrow.
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Govt appeares to be bowing to pressure from traders once again
Considers withdrawing the condition of filing wealth statement.
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Tax dodgers: About two-thirds of notices could not reach the big fish
Tax evaders have provided fake addresses to NADRA.
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Government to use media to defend ‘unpopular decisions’
Reversal of earlier strategy adopted by government to black out the media and try to control information.
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Respite: FBR extends deadline for IT returns, wealth statements
Tax collection may fall short of the target because of delay.
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Wage war: Finance secretary clears summary for 20% pay raise
If the government finally agrees to notify the increase in salaries, it will have to adjust the impact in the budget.
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IMF team arriving: Pakistan lags far behind in foreign reserves target
Mission coming to assess economic performance before releasing $550m tranche.