The decision was taken in the cabinet meeting which was held in Islamabad with Prime Minister Shahid Khaqan Abbasi in the chair.
The cabinet also rejected a proposal to increase rate of Central Excise Duty on import of raw material for manufacturing of edible oil, vegetable ghee and cooking oil on mills in FATA and PATA.
The Cabinet directed that the issue of rationalization of taxes be considered at the time of formulation of budget proposals.
The Cabinet approved amendments in the Rules of Business, 1973.
Cabinet also approved transfer of Pakistan Environmental Planning and Architectural Consultant Ltd from Climate Change Division to Planning, Development and Reforms Division.
Approval of signing agreement on cooperation in combating crimes between Government of Pakistan and Government of Saudi Arabia was also accorded in the cabinet meeting.