Attempts being made to sabotage the new IRS department.

Tug of war between the centre and the provinces continues.

President makes appointments to NFC; centre gears to revise resource distribution formula.

NA panel approves amendments for recycling of Rs22m worth of leftover old coins.

FBR has not yet submitted data required to set tax collection targets.

Waiver of long-term gas supply to result in higher import bill; nine off-the-agenda amendments approved.

FBR, ministries of commerce, industries against the proposal.

Finance minister calls decision to seek advance taxes from banks ‘a silly move’.

A nation that applies for a bailout and then fails to live up to its conditions, leading to a suspension of payments.

Rs105 billion revenues collected in July 2011, 36% more than last year.