Senate body irked over car prices
Committee members say price reduction not in line with tax relief availed
PHOTO: REUTERS/file
ISLAMABAD:
The Senate Standing Committee on Industries and Production on Monday expressed serious concerns for not reducing car prices in line with tax concessions availed in budget 2021-22.
The committee noted that local car makers had availed tax relief in budget but did not reduce prices in line with incentives.
Industries and Production Division secretary briefed the committee, chaired by Senator Faisal Sabzwari, on comparing car prices in Pakistan with regional countries.
Committee members expressed concern over the high car prices in the country. The committee noted that despite the measures taken in the federal budget, the prices of new vehicles have not come down.
Daily Times
June 25, 2021
Prime Minister Imran Khan Thursday said that as the federal government ensured timely release of funds under National Finance Commission, (NFC), it is also essential that Sindh government makes just distribution of provincial funds.
The prime minister, in a meeting with the parliamentarians of Muttahida Qaumi Movement (MOM), said the government is taking all-out measures to resolve the issue faced by the Karachi residents.
Federal Planning Minister Asad Umar, MNA Khalid Maqbool Siddiqui and Senator Faisal Sabzwari attended the meeting wherein the prime minister was updated on the progress of ongoing development projects in Karachi.
The prime minister said the early completion of federal government projects in Karachi and early launch of newly announced works are among government’s priorities.
Progress of Karachi projects reviewed tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.