ISLAMABAD: The Sen­ate Standing Committee on Finance on Thursday revie­wed the tariff rationalisation for the packaging and dye industries.

Senator Saleem Mandvi­wala chaired the meeting which reviewed the tax proposals in the Finance Bill 2022-23 for the third consecutive day.

National Tariff Commi­ssion Chairwoman Robin Athar briefed the committee in detail on the proposals included in the Finance Bill regarding tariffs. She said that changes have been made in the Finance Bill regarding the rationalisation of tariffs for the packaging and dyeing industries.

Senator Anwar-ul-Haq Kakar said the export of raw materials should be discouraged so that the supply of raw materials within the country can be increased and industrialisation promoted.

A Federal Board of Revenue (FBR) official briefed the committee on tax exemptions on the import of bulletproof buses and special vehicles for the security of foreigners working on the China-Pakistan Economic Corridor and major power projects.

Published in Dawn,June 17th, 2022

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