Islamabad : Economic Coordination Committee of the Cabinet has allowed the amendment in the import of Customs Duty Free Cars under disabled persons\u2019 scheme.
\nAdvisor on Finance Dr Abdul Hafeez Shaikh chaired the ECC meeting in Islamabad on Wednesday.
\nUnder the new amendments, the income bracket of the person who is importing the vehicle is increased from the current limit of 20,000 to 100,000 rupees to 100,000 to 200,000 rupees per month.
\nHe will be allowed to import the vehicle if he has not imported or purchased locally assembled car during the last 10 years under the scheme provided that he holds NTN Certificate and files annual tax return.
\nThe ECC approved the Incorporation of Pakistan Single Window Company under section 42 of the Companies Act, 2017 with its objectives is contained in the Memorandum and Articles of Association.
\nIt also gave approval for the provision of technical supplementary grant of 219.631 million rupees for the reimbursement of the expenditure of National Coordination Committee on Covid-19 for the current financial year. Six billion rupees were approved for the Ministry of Railways as additional grant to defray its mandatory liabilities including pay and pensions.
\nTwo technical supplementary grants amounting to 160 million rupees and 96 million rupees were approved for the Ministry of Federal Education and Professional Training to carry out the Skill for all program and for Mainstreaming of Religious Education and matters related to \u201cseminaries” respectively.
\nThe Publication of Rolling Spectrum Strategy 2020-2023 was also approved by ECC.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad : Economic Coordination Committee of the Cabinet has allowed the amendment in the import of Customs Duty Free Cars under disabled persons\u2019 scheme. Advisor on Finance Dr Abdul Hafeez Shaikh chaired the ECC meeting in Islamabad on Wednesday. Under the new amendments, the income bracket of the person who is importing the vehicle is […]<\/p>\n","protected":false},"author":2,"featured_media":144961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-144954","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n