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National Assembly Pakistan

Senate body recommends 25pc tax on high income class

ISLAMABAD: The Senate Standing Committee on Finance has finalized its recommendations for budget including a suggestion to raise the tax rates for the higher slab from proposed 15 to 25 percent. The proposals were finalized on Tuesday by the committee will be presented in the Senate for endorsement, which will be then referred to the National Assembly for approval. In terms of revenue, the only proposal with a considerable implication was to up the taxes for high income class. The committee has recommended to revise…

ECP seeks timely approval of electoral reforms bill

ISLAMABAD: The Election Commission of Pakistan (ECP) has expressed concerns over delay in promulgation of the Election Laws 2017 in a letter written to National Assembly Speaker. The letter urged the Speaker to direct the parliamentary committee on electoral reforms, “to finalise its recommendations and lay the bill before the parliament for making necessary legislation and enact the Election Act 2017”. “The time is running out for the enactment of electoral reforms if political parties want the next general elections…