Federal Board of Revenue chairman admits to prevalence of corruption.

Tax evasion on the rise as only one out of every 10 businessmen file tax returns.

Centre and the provinces agree to significantly lower tax rate on services where refunds are not involved.

Provinces ask government to incorporate their recommendations if it wants an integrated sales tax regime, sources say.

Ministries to be handed to provinces by first week of December, says Raza Rabbani.

Officials call budget cut a ploy to penalise Pakistan for refusing to accept flood reconstruction reprioritised loans.

Official study sees inflation a mere 0.63% above the target by end June.

India will have tactical advantage if it finishes Kishanganga project first.

Planning Commission and ministry of commerce point fingers at each other.

MQM abstention, PML-N support paves way for unanimous passage by Senate panel.