th parliament rushes to wrap up business before its term expires in just a few days.
The Speaker Rebecca Kadaga had earlier deferred debate on the Motion for Second Reading of the Income Tax [Amendment] Bill, 2021 to later in the afternoon, pending harmonization of issues raised by members during debate.
Also passed is the External Trade (Amendment) Bill,2021, The Tax Appeals Tribunal (Amendment) Bill,2021, The Tobacco Control (Amendment) Bill,2021, The Mining (Amendment) Bill,2021 and The Fish (Amendment) Bill, 2021.
However, the Traffic and Road Safety Act (Amendment) Bill, 2021 and The External Trade (Amendment) Bill, 2021 have been rejected pending further consultations.
Daily Monitor
Thursday April 15 2021
Summary
Addressing the media at their head office on Tuesday, Mr Joel Ssenyonyi, the NUP spokesperson, said they want government to account for all revenues collected from the existing tax measures.
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Opposition National Unity Platform (NUP) party leaders have rejected the proposed taxes and accused the government of being insensitive to the plight of those suffering as a result of the Covid-19 pandemic.
Addressing the media at their head office on Tuesday, Mr Joel Ssenyonyi, the NUP spokesperson, said they want government to account for all revenues collected from the existing tax measures.
“It is not that we are against taxation, what we need to know is how this money is being used. In other countries like the US, deductions on people’s salaries can go to as high as 50 per cent but as long as they are sure that when they go to hospitals, they will find medicine,” Mr Ssenyonyi said.
MoITT to Raise IT Taxation Issue With FBR and Finance Ministry propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Shaikh Tuesday said the federal cabinet approved three important bills related to the SBP Amendment bill 2021.These bills were aimed at.
Top Story
March 10, 2021
ISLAMABAD: Federal Minister for Finance Dr Abdul Hafeez Shaikh Tuesday said the federal cabinet approved three important bills related to the SBP Amendment bill 2021.
These bills were aimed at granting autonomy to the central bank, abolishing corporate income tax bill for fetching tax revenues up to Rs140 billion and fixing cash bleeding state-owned enterprises (SOEs) bill under the IMF programme.
He was addressing a joint news conference along with Minister for Industries Hammad Azhar, Minister of State for Institutional Reforms Dr Ishrat Hussain, Secretary Finance Kamran Afzal, and FBR Chairman Javed Ghani at the PID here on Tuesday. Reporters raised critical questions about controversial SBP Amendments Bill 2021 related to lack of accountability of the SBP governor, targeting inflation, doing away with the Fiscal and Monetary Coordination Board and lack of definition of price stability in the proposed amendment bills under the dictates of the IMF.