NA Passes Finance Supplementary (Second Amendment) Bill, 2019
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ISLAMABAD: The National Assembly on Wednesday passed the Finance Supplementary (Second Amendment) Bill, 2019 aimed at amending tax laws.
Minister for Finance, Revenue and Economic Affairs Asad Umer moved a motion for consideration of the bill which was passed by the House. Later, the House considered the amendments proposed by the lawmakers and decided them through voice voting.
The amendments moved by Minister for Finance were approved while a PTI lawmaker Riaz Fityana withdrew his amendment regarding decrease in interest of agricultural loans. The Finance Minister assured him to look into the matter.
The amendments proposed by PML-N lawmakers Nisar Ahmed Cheema and Dr. Aisha Ghaus Pasha, PPPP MNA Abdul Qadir Patel and MMA legislator Moulana Abdul Akbar Chitrali were rejected. Other amendments of PPPP lawmaker Nafeesa Shah, PTI MNA Sardar Talib Hassan Nakai were not considered by the House due to their absence.
In his concluding speech on the Finance Supplementary (Second Amendment) Bill, 2019, the Minister for Finance said that this bill was not aimed to generate revenue but its purpose was to bring improvement in economic situation, ensure friendly environment for investors and create more opportunities for industries. “ It was the reform bill,” he added.
The Opposition protested on floor of the House during the consideration of the bill and later it walked out from the proceedings.
