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Experts discuss SROs impact on economy National February 10, 2021 ISLAMABAD: The National Tariff Commission (NTC) is proposing the government to bring out 500 to 600 tariff lines from fifth schedule of Customs Act to normal schedule in the upcoming budget 2021-22 in order to remove distortions from the SRO based concessionary regime. The cost of exemptions and concession in last two fiscal years stood at Rs2.3 trillion. The World Bank’s economist proposed that there should be sunset clauses for providing any concession to any sector with the guarantee that it would not be extended. It was crux of discussions among different experts in a webinar titled “the impact of SRO on Pakistan s economy organised by the Pakistan Institute of Development Economics (PIDE) here on Monday night.

Manzoor ahmedIkramul haqPakistan institute of development economicsPlanning commissionNational tariff commissionChairperson national tariff commissionWorld bankCustoms actPakistan instituteDevelopment economicsAdditional customsFifth scheduleFederal tax ombudsmanஇக்கிரமுல் ஹக்பாக்கிஸ்தான் நிறுவனம் ஆஃப் வளர்ச்சி பொருளாதாரம்திட்டமிடல் தரகு