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Govt mulls tax measures with long-term political implications - Newspaper

ISLAMABAD: The government is evaluating the economic and political implications of some tax proposals which are still under consideration despite the fact that Finance Minister Shaukat Tarin delivered a long speech on the Budget 2021-22 in the National Assembly. Mr Tarin on Friday informed the parliament that all those tax measures were withdrawn which were inflationary in nature besides restoration of exemptions on medical allowance, GP fund, subsidised food and newspaper employees travel allowance. Well-paced sources told Dawn that some tax proposals being debated at a highest level and input from Prime Minister Imran Khan is being sought before making these measures part of the proposed amendments. “We will present the amended Bill in the parliament on Tuesday,” Special Assistant to Prime Minister on Finance and Revenue Dr Waqar Masood Khan told Dawn.

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