Published On: Wed, Mar 26th, 2014
Published in Category: Islamabad

NA adopts resolution for cut in indirect taxation

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ISLAMABAD: The National Assembly Tuesday passed a resolution urging the government to take measures to reduce indirect taxation in the country.

Briefing the House about the steps taken by the government to widen the tax net, Parliamentary Secretary for Finance Rana Muhammad Afzal Khan said a tax advisory committee has been established to address the issue of non-payment of taxes by affluent class.

Defending the Tax Amnesty Scheme, the Parliamentary Secretary said the government has to take the practical steps to put the economy on the right track.

He said the economy has started showing positive indicators endorsed by the international financial institutions.

Rana Afzal Khan said the government has also reduced the burden of loans and returned six percent foreign loans this year.

Speaking on the resolution, the members emphasized the need for strengthening the taxation system and increasing tax to GDP ratio to achieve self reliance.

They said the share of direct taxes should be enhanced to give relief to the poor segment of the society and achieve development goals.

Earlier, the National Assembly was informed that auction of 3G and 4G telecom licenses is on the cards to further develop the telecom sector and provide latest mobile facilities to the customers.

Parliamentary Secretary for Cabinet Secretariat Raja Javed Ikhlas told the House that over 120 million people are benefiting from the telecom services in the country and the government wants to further expand reach. He clarified that telephone towers in the residential areas by mobile phone companies are installed as per the laid down rules and procedures.

Five bills were laid before the House today. These included “The Constitution Amendment Bill, 2014 (Amendment in Article 51),” “The Prohibition of Corporal Punishment Bill”, “The Disabled Persons Employment and Rehabilitation (Amendment) Bill, 2014”, “The Constitution Amendment Bill, 2014 (Amendment in Article 198)” and Child Marriage Restraint (Amendment) Bill”.

The Chair referred the bills to the concerned Standing Committees.}