The National Assembly passed the Finance Bill 2020-2021, giving the go-ahead to the budgetary proposals for the upcoming financial year 2020-2021, The bill was moved by Minister for Industries and Production Hammad Azhar.
Minister for Industries and Production Hammad Azhar while speaking in the National Assembly said the government presented a tax-free budget and it envisages relief measures not only for the construction sector but also for the promotion of mobile phone manufacturing and electric vehicles.
Hammad Azhar said it is the first time that the annual development plan carries the biggest allocations for Balochistan and Sindh.
The Hammad Azhar that the government has not increased the sales tax or petroleum development levy on petroleum products.
Fuel prices have been increased keeping in view the upward trend in the international oil market, He said adding that “Mafias in oil, sugar and flour will be brought to justice,”
Foreign Minister Shah Mahmood Qureshi said in his speech at National Assembly that the people of Pakistan have given mandate to Prime Minister Imran Khan and he will not resign. He said PM Imran Khan enjoys the confidence of the house.
Pakistan Tehreek-e-Insaf will not make any compromise on its ideology, Foreign Minister Shah Mehmood Qureshi said adding that PTI and its allies stand by the ideology of Prime Minister Imran Khan.
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