The govt will try to impose less than Rs500b of additional taxes in the budget, while increase in the power tariffs has been deferred only for the time being.
Daily Times
May 28, 2021
ISLAMABAD: In a surprise move and almost two weeks before the announcement of the budget, the federal government removed Finance Secretary Kamran Ali Afzal and posted him the secretary of the Ministry of Industries and Production, local media reported.
According to a notification issued by the Establishment Division, Kamran Ali Afzal, a BS-22 officer of the Pakistan Administrative Service (PAS) was transferred from the post of finance secretary on Thursday and was posted as the secretary of the Ministry of Industries and Production. According to another notification, “Yusuf Khan, a BS-21 officer of the PAS, presently posted as secretary Benazir Income Support Programme, is transferred and posted as additional secretary (in charge), finance division, with immediate effect and until further orders.”
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin chairing a meeting of the National Price Monitoring Committee on Monday. PPI
ISLAMABAD: The National Price Monitoring Committee (NPMC) on Monday directed provincial government departments to keep the prices of basic commodities in check and import four million tonnes of wheat for building buffer stock.
The NPMC at a meeting, chaired by Finance Minister Shaukat Tarin, declared that cartelisation would not be tolerated at any cost. Stern action should be taken by the provincial administrations and departments concerned to keep the prices of basic commodities in check.
The direction came from the finance minister when the Competition Commission of Pakistan (CCP) presented findings of an inquiry into the poultry sector at the meeting. All those responsible for undue profiteering or hoarding would be taken to task, the minister said.
Pakistan Govt Whopping Rs1 27tr hike in taxes committed with IMF – Voice Of Vienna voiceofvienna.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voiceofvienna.org Daily Mail and Mail on Sunday newspapers.