Prospects for strong industrial growth remain constrained under the current IMF programme, as fiscal consolidation and revenue generation continue to be key priorities.
Finance minister said the payable tax would be adjustable against withholding tax already paid, provided a minimum of Rs25,000 was paid at the time of filing the tax form.
Ex-finance minister Hafeez Pasha says foreign inflows could encourage disproportionate investment in real-estate; PIDE sees around a million workers’ livelihoods being affected if conflict prolongs.
KP finance czar says federal govt facing Rs1.7tr "fiscal hole"; Muzammil Aslam claims Centre in a tight spot due to coalition partners’ needs, IMF "over-commitments".
Ex-finance minister Hafeez Pasha says foreign inflows could encourage disproportionate investment in real-estate; PIDE sees around a million workers’ livelihoods being affected if conflict prolongs.
With economic stabilisation yet to translate into tangible improvement in living standards, the country’s leaders are finding it increasingly difficult to ignore demands for relief.
For the government, the economy may be more stable now than it was three years ago, but for manufacturers and exporters, it is still difficult to do business.