Budget 2017-18

Govt to receive $3b more than the original budgetary estimates

Will include PM’s and MNAs’ pet projects

Dar critical of FBR’s proposals as he doesn’t want to increase taxes in election year

Total cost of corridor infrastructure projects is estimated at Rs1.08tr

This deficit may be an understatement because the government projected a single-digit growth in imports

Centre, provinces plan to spend Rs2.1trn next fiscal

Wants to do away with the condition of keeping audit selection parameters secret

Seeks special package to attract foreign remittances; PM turns down proposal to crack down against Hundi

Says subsidy should be ended; proposal likely to meet resistance from FBR

Seeks 20% sales tax rate for majority population amid differences between finance ministry, FBR

FBR considering levy despite industry protests against high tax burden

10-month revenues sink to a meagre Rs112 million against FBR’s estimate of Rs8 billion.

International Monetary Fund has asked Pakistan to impose Rs180 billion worth of new taxes

Tax was imposed in 2015 for a year to rehabilitate TDPs

Move meant to collect Rs40b additional tax from new fiscal year

With elections around the corner, Pakistan could deviate from path of fiscal consolidation