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▫️Report describes Kalat as a princely state under British control
▫️Package to be finalised before budget, IMF approval to be sought
▫️Court rules that application of Section 37(1A) does not depend on whether the transaction constitutes a business activity
▫️Investor concerns over credit quality and refinancing risks are rising rapidly
▫️Fiscal framework sought for upcoming budget; tax target proposed above Rs15 trillion