Prime Minister Imran Khan chairs a meeting of the Council of Common Interests in Islamabad on June 17. Photo courtesy Radio Pakistan
ISLAMABAD: The Centre and Sindh could not reach a consensus on important national issues discussed at a meeting of the Council of Common Interests (CCI) on Thursday, including the National Electricity Policy 2021, share in Indus water and development projects in the province being funded by the federal government.
The meeting was presided over by Prime Minister Imran Khan. The CCI will meet again on Monday to address Sindh’s reservations.
According to the Prime Minister Office, the 46th meeting of the CCI discussed in detail the draft National Electricity Policy 2021. “It was decided to constitute a committee to further deliberate upon the proposed policy and present the final draft before the CCI in its next meeting on Monday,” said a press release issued by the PM Office.
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Daily Times
June 14, 2021
Massive relief for the Pakistan Stock Exchange (PSX) in the next fiscal year’s budget, which was also termed as pro-growth by the business community, is likely to push up the bourse in the week starting today (Monday).
Decrease in Capital Gains Tax (CGT) for filers by 2.5 percent, bringing it down from 15 percent 12.5 percent, removal of withholding tax (WHT) on gross income earned on margin financing transactions, plans to bring down circular debt by payment to independent power producers (IPPs), tax exemptions and duty concessions granted to various sectors, maintaining the corporate tax rate at 29 percent, and overall positive environment are likely to be positive for the market.
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