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Continuing discussion on the Finance Bill 2021 for the third-day, committee members rejected the proposal of withholding tax on non-filers’ electricity bills exceeding Rs25,000 per month. APP/File ISLAMABAD: The Senate Standing Committee on Finance on Thursday rejected the government proposals to tax markup on Provident Fund (PF), lowering of benchmark for charging withholding tax on electricity bills and declaration of business account. The committee, led by its chairman Senator Talha Mehmood, approved the tax machinery’s proposal to abolish tax exemption on pensions and allowances of government employees. Continuing discussion on the Finance Bill 2021 for the third-day, committee members rejected the proposal of withholding tax on non-filers’ electricity bills exceeding Rs25,000 per month.

Talha mehmoodMohsin azizSaleem mandiwallaFarooq naikEngineering development boardMinistry of industriesSenate standing committee on financeInternational monetary fundDrug regulatory authority of pakistanProvident fundSenate standing committeeSenator talha mehmoodFinance billFederal boardInternational monetaryDrug regulatory authority