The Senate Standing Committee on Finance has concluded its deliberations on Finance Bill 2021 and has recommended to the govt. to suspend the collection of export cess for three years to minimize impact of Covid-19 on export industries. Through videolink, the committee took up the proposals of KCCI. Former president KCCI, Chairman BMG and Chairman Council of All Pakistan Textile Mills Association Zubair Motiwala, again raised the issue of restoration of zero-rated status for the five export-oriented industries.
23/6/2021