Revenue shortfall to be met with PDL, non-tax receipts
The government has committed to the International Monetary Fund (IMF) to meet the revenue shortfall through petroleum development levy (PDL) and non-tax revenues, sources in the Ministry of Finance more... (BR)

Tarin hints at capital gains tax on real estate
The Prime Minister’s Adviser on Finance Shaukat Tarin has hinted at the imposition of capital gains tax on real estate deals and indirect taxes on the service sector in the next budget more... (D)

Zardari to address Parliaments joint session on March 28
President Asif Ali Zardari will address the Parliaments joint sitting on 28th March in which he would make a major announcement, said parliamentary affairs minister Babar Awan here on Monday. Talking to media persons here, he said that all arrangements for presidential address were being finalised more... (BR)

New US strategy seeks to strengthen Pakistan
US not only wants greater engagement but also wants to redefine Pakistan’s relations with its neighbouring countries more... (D)

Afghan problem inseparable from Pakistan: Holbrooke
The United States met Nato allies on Monday to outline its strategy review for Afghanistan after President Barack Obama said it would contain an exit strategy and greater emphasis on economic development. US Special Representative for Afghanistan and Pakistan Richard Holbrooke met Nato Secretary-General Jaap de Hoop Scheffer before briefing the 26 alliance ambassadors more... (BR)

Well-head gas rates soar 25.55pc20.2pc increase in Sui, Kandhkot well-head gas prices
The Oil and Gas Regulatory Authority (OGRA) has increased well-head gas prices up to 25.55 per cent for the second half of current fiscal year (2HFY09) after rupee shed more than 15 per cent against dollar during the preceding six months more... (FD)

New petroleum policy unveiled for 2009
Legislators and district administrations empowered to spend ‘production bonus’ on social development in their areas more... (D)

July-February 2008-09: export of non-textile products surges by 25.06 percent
The export of non-textile products surged by 25.06 per cent in the first eight months of current fiscal to $5.095 billion as against $4.074 billion for the same period of last year mainly because of growth in food and food commodities exports more... (BR)