AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

The government is unlikely to face any difficulty in passage of Supplementary Finance (Amendment) Bill-2019 in the national assembly as the bill does not require debate and sending it to the National Assembly's Standing Committee on Finance, sources in the NA secretariat said.
Senior officials of the National Assembly Secretariat told Business Recorder that unlike Senate Standing Committee on Finance, there is no legal requirement for sending the supplementary finance bill to the National Assembly's Standing Committee on Finance once it is tabled in the House for discussion and recommendations, if any.
However, Pakistan Tehreek-e-Insaaf (PTI) leadership has instructed the party members as well as members of the allied parties in the National Assembly to make sure of their presence in the House in its upcoming session to maintain quorum and for the smooth passage of the finance bill.
The treasury benches require a simple majority of the members present in the House for passage of Finance Bill. The government is expected to get the finance bill approved from parliament despite an expected protest from opposition parties, sources added.
During previous sessions, maintaining of quorum remained a challenge for the government which created embarrassment for the Prime Minister and the chief whip of the PTI whose responsibility is to ensure attendance of the members in every session.
National Assembly has received 55 recommendations from the Senate on the supplementary finance bill, prominent amongst which is (i) reduction in tax on per kilogram tobacco, (ii) non-filers should be allowed to purchase vehicles only up to 800CC against the proposed exemption of up to 1300CC, (iii) imposition of regulatory duty on export of recycled materials, and (iv) necessary steps should be taken to convert non-filers into filers within next financial year.
Some other recommendations are about initiation of different development projects in Gilgit-Baltistan including construction of roads and installation of low capacity hydel projects in the region.
The House also proposed an amendment to Members of Parliament (Salaries and Allowances) Act, 1974 saying that "a member shall,... in addition to the vouchers... be entitled to the cash value of 25 business class open return air tickets from the airport nearest to his constituency to Islamabad on quarterly basis."

Copyright Business Recorder, 2019

Comments

Comments are closed.