The government has decided to grant income tax exemption to threeinternational bonds i.e. Euro Bonds; International Sukuk and Panda Bonds.
Sources told Propakistani that the Finance Division has moved a summary tothe federal cabinet for approval. The meeting of the Federal Cabinet hasbeen scheduled for Tuesday (January 19).
Finance Division’s summary to the federal cabinet is about the income taxexemption to the Euro Bonds and the International Sukuk issued under thegovernment’s Medium-Term Notes Program and Panda Bonds issued in theChinese market.——————————
The meeting would also discuss the appointment of Chairman PakistanOrdinance Factory Board (POFB).
The Ministry of Interior will move a summary before the Federal cabinet onthe reconstitution of the committee of the cabinet regarding the removal ofdifficulties in the installation of new electricity and gas meters inIslamabad.
The cabinet will also consider the summary of the Maritime Affairs Divisionfor approval of the Karachi Dock Labour Board (KDLB), sources added.——————————
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Finance Division will also move a summary to the Cabinet for theappointment of the Chief Executive Officer (CEO) of Pakistan DevelopmentFund Limited, they said.
Presentation on the Civil Services reforms would be given by the PM Officein the meeting of the Federal Cabinet, officials added.
