Stories from Shahbaz Rana
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Only Rs91b collection in May
FBR now has to collect Rs8.3b per day to meet the year’s target.
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Making adjustments: Budget presentation delayed by a week
Govt needs time to incorporate commitments given to IMF.
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Pakistan assures IMF: New tax measures to generate Rs120b
Move aimed at keeping budget deficit at 4 per cent of GDP.
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Karachi land deal: FIA links Amin Fahim to NICL scam
Federal minister accused of receiving more than Rs20 million in the NICL scam.
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Pakistan Afghanistan transit trade: Trucks may finally start their engines next month
Pakistan softens stance that Afghanistan must provide guarantees through either Pakistani or international banks.
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Electricity prices: Power tariff hikes linked to efficiency improvements
IMF and government agree to formula on energy pricing, govt agrees to 2% increase in power tariffs.
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PTCL dues: Secret mission returns empty-handed from UAE
Etisalat chief may arrive next month to discuss the blocked $800m for PTCL shares
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Budget 2012: IMF agrees to drop RGST demand
Budget deficit target set at 4 per cent, tight fiscal space unlikely to leave room for subsidies.
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Commercial power: Govt mulls 100% increase in withholding tax
The government is expecting to generate an additional Rs18 billion from 4.3 million commercial consumers.
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EU concession package: Commerce ministry gives wrong facts about approval
Commerce ministry lied by claiming that the EU parliament has cleared trade concessions for Pakistan.









