ISLAMABAD: The Senate on Friday adopted recommendations of its Standing Committee on Finance, Revenue and Economic Affairs that the three percent share of National Finance Commission Award should be given to erstwhile FATA and an interim relief allowance of ten percent of basic salary might be
granted to all government employees, keeping in view current price hike in the country.
Chairman Standing Committee on Finance, Revenue and Economic Affairs Niaz H Naek presented report of the Standing Committee on the Finance Supplementary (Second Amendment Bill), 2019 in the House.
The Senate recommended to the National Assembly that tax on coal being extracted from the province
of Balochistan should be reduced in view of the difficulties and overhead expenditure in extracting coal
from the mines of the province.
The Senate also proposed that Rs 5 billion should be released by June 30, 2019 to the province of Balochistan for construction of the Check and Small dams in the province.
The House also recommended that the custom duty on CDSO be increased to Rs 15000 metric tonne in order to bring it in line with its replacement products and support local production of those products.
It also proposed that the government should continue to impose regulatory duty on export of recycled materials like lead under DTRE scheme for not allowing Pakistan as dumping ground for hazardous metals from all around the world.
The Senate also recommended that the government should devise an immediate claim release mechanism to support non-textile exporters.
The House also recommended that in order to improve the existing infrastructure of Sui gas and electrical lines in district Haripur, an allocation of Rs 100 million should be made.
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