Saturday, February 4
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Tag: Finance Dr Abdul Hafeez Shaikh

ECC: (ECC allows amendment in scheme for import of duty free car by disabled persons)

General, Islamabad
Islamabad:Economic Coordination Committee (ECC) of the Cabinet has allowed the amendment in the import of Customs Duty Free Cars under disabled persons’ scheme. Advisor on Finance Dr Abdul Hafeez Shaikh chaired the ECC meeting here on Wednesday. Under the new amendments, the income bracket of the person who is importing the vehicle is increased from the current limit of Rs20,000 to Rs100,000 to Rs100,000 to Rs200,000 per month. He will be allowed to import the vehicle if he has not imported or purchased locally assembled car during the last 10 years under the scheme provided that he holds NTN Certificate and files annual tax return. The ECC approved the Incorporation of Pakistan Single Window Company under section 42 of the Companies Act, 2017 with its objectives as contained in the ...

Adviser: (Rs5000 billion debts repaid during last two years: Hafeez Shaikh)

General, Islamabad
Islamabad:Advisor on Finance Dr Abdul Hafeez Shaikh has said the government has repaid five thousand billion rupees debt during the last two years. Addressing a ceremony in Karachi on Saturday, he said the government had to take tough decisions to restore the economy affected by Coronavirus pandemic. He said efforts are being made to provide investment friendly atmosphere in the country. Dr Hafeez Shaikh said the government paid special attention on revival of downtrodden segments of the society and Ehsaas programme was launched to provide relief to people.