Tag: Senate

ISLAMABAD - The financially-strapped government has been rendered incapable of establishing an infrastructure bank to meet the ever-rising financial needs because of its commitment with International Monetary Fund (IMF), Secretary Finance Waqar Masood Khan informed the Senate Standing Committee on Finance on Wednesday.
He was replying to complaints by the senators that the rolling back development finance institutions (DFIs) was a major impediment in the country's

ISLAMABAD - The Muttahida Qaumi Movement (MQM) on Monday submitted separate applications in the National Assembly and Senate secretariats for allocation of seats in the opposition benches after it quit the federal government.
MQM Deputy Parliamentary Leader Syed Haider Abbas Rizvi submitted the application to the NA Speaker while Senator Col

LAHORE: Pakistan Muslim League (PML-Q) President Senator Chaudhry Shujaat Hussian has announced that PML-Q will raise the issue of the missing Ali Ayaz Fakhri, son of the prominent artist Jameel Fakhri, in the senate while talking to reporters at Jameel Fakhri's residence.
He urged the government to take immediate measures for the recovery of Ali Ayaz, who has been missing in the United States for 20 months, and suggested that Pakistani Ambassador in the US Hussian Haqani needed

LAHORE: Prime Minister Yousaf Raza Gilani on Saturday said he was confident that the National Assembly would adopt the Reformed General Sales Tax (GST) Bill just like the Senate did.
Commenting on the statements of Leader of the Opposition in the National Assembly Nisar Ali Khan on the reformed GST, Gilani said, the government had great respect for him, but if "we as nation expect the world to help us with the money of their taxpayers, the world also expects us to pay taxes and

ISLAMABAD: The Senate passed recommendations of the Senate's Standing Committee on Finance on the Reformed General Sales Tax (RGST) Bill 2010 amid rumpus in the House on Friday.
Senate Chairman Farooq Naek clearly supported the number-weak PPP by rejecting the majority view, disallowing a vote on a note of proposal jointly put by the PML-Q, the JUI-F and the MQM. He rejected opposition parties' plea to count the votes, saying the voice vote was uncertain - thus undoubtedly

ISLAMABAD: The government's coalition partners, the Muttahida Qaumi Movement and the Jamiat Ulema-e-Islam-F, on Wednesday took a U-turn on their respective stances on the reformed General Sales Tax (GST) bill, with the former endorsing the decisions of the Senate Standing Committee on Finance and the latter opposing the bill in the Senate.
In the Senate body on finance's Wednesday meeting, MQM's Senator Ahmed Ali, who is the chairman of the committee, said that the proceedings on

ISLAMABAD: Finalising its recommendations, the Senate Standing Committee on Finance has unanimously asked the government to withdraw sales tax on food items, medicine and education-related stationery material, as proposed in the Reformed General Sales Tax Bill 2010.
The committee also asked the government that flood surcharge should not be imposed on people or firms having annual income less than Rs 500,000.
The committee said that all the above-mentioned items were part and

ISLAMABAD: Federal Minister for Petroleum and Natural Resources Naveed Qamar told the Upper House on Wednesday that issuing new licences for oil and gas exploration in the country was a provincial subject now and the federal government had stopped giving licences for new blocks since the passage of 18th Amendment.
Replying to a question on the matter, the minister said the government would cancel the licenses of all those companies that did not start work despite obtaining the

ISLAMABAD: The Upper House on Wednesday passed the long-awaited 'The Sacked Employees (Reinstatement) Bill 2010', to provide relief to those employees who were appointed in corporation service or autonomous or semi-autonomous bodies or in government service during the period from November 1, 1993 to November 30, 1996 and were dismissed, removed, terminated from service or forcibly offered golden shake hand during the period from November 1, 1996 to October 12, 1999 amidst opposition

ISLAMABAD/KARACHI: The Muttahida Qaumi Movement (MQM) on Wednesday jolted the government by implementing a roadmap to pull out from the coalition by boycotting the proceedings of the Senate, National Assembly and Sindh Assembly as first step of the strategy.
The MQM legislators boycotted the proceedings of both Houses of parliament to protest against the government's failure to control the skyrocketing prices, particularly the recent increase in prices of petroleum products.