No decision on revising salary tax slabs: Fawad


ISLAMABAD: The federal government has not taken any decision to revise salary tax slabs. However, it approved tax exemption for funding to Diamer-Bhasha and Mohmand Dam.

Fawad Chaudhry, Information Minister, in a press conference after the federal cabinet meeting said that the government had not taken any decision to review the tax on salary class.
He categorically denied tax proposals were on meeting agenda. He also said that the cabinet restrained from increasing electricity and gas tariffs.
He informed that the country will import around 100,000 tons of urea, which will cost nearly 300 to 350 million dollars. He said that the import of urea was for rabi crop. He also assured that the government will provide full gas to all fertilizer plants from November 15. He said that the previous government halted gas supplies to couple of plants.
Fawad said that the Orange line bus transport has cost Rs30 billion, out of which the government is giving Rs4.2 billion subsidy. Besides, the Orange line bus earnings are Rs 910 million.
For three transport projects in Punjab government has to pay Rs8 billion per annum and 34660 acres would be used for commercial areas. This area falls under the government offices. It would be used in commercial areas to reduce debt.
The government has approved governing board of directors of PTV. Director General ISPR will be the member of the government board of directors, he added. He further informed that PTV board to consist of eight personals.

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