However, the NA rejected all amendments to the bill proposed by the opposition and rushed the bill through the assembly amid ruckus by the opposition leader. Jamiat Ulema-e-Islam (JUI-F) MNA Maulana Asad Mehmood concurred, arguing that the finance bill should be debated in the NA for three days prior to approval. Minister for Finance, revenue and Economic Affairs division presented the finance supplementary (second amendment) bill, 2019. Incentives were proposed through Finance Supplementary (Second Amendment) Bill, 2019 for Banks on advancing loans for agriculture, low cost housing and micro, small and medium enterprises. Through Finance Supplementary (Second Amendment) Bill, 2019 reduction in tax liability for inter-corporate dividend was proposed.

Source: Pakistan Today March 06, 2019 14:37 UTC