National Assembly turned into the fighting arena on Thursday as the PTI-led government tabled a mini-budget regarded as the Supplementary Finance Bill 2021.
The “mini-budget” was one of the conditions of the IMF which was to be met before January 12, 2022, in order to recover more than $1 billion in installments from the Fund.
Federal Finance Minister Shaukat Tarin presented the much-opposed supplementary finance bill. The Finance Amendment Bill 2021 was approved during the NA session despite the opposition members’ protests, paving way for a mini-budget.
Adviser to the Prime Minister on Parliamentary Affairs Babar Awan tabled a motion to suspend the rules to present the mini-budget.
National Assembly Speaker Asad Qaisar gave the ruling that amendments to the Finance Bill will not be sent to the Standing Committee.
The NA presented scenes of a fighting arena as the opposition members raised an uproar and besieged the dais of the speaker.
Members of the opposition also displayed posters inscribed with slogans against the government.
As the finance bill was being presented, during all the ruckus PPP’s Shagufta Jamani slapped PTI’s Ghazala Saifi.
According to the bill, the government will impose a tax on approximately 150 goods at a rate of 17%.
As per the development, the goods that were currently either completely exempt from General Sales Tax (GST) or being taxed at 5% to 12% rates would now be taxed at 17%.
During Thursday’s session, The House adopted different resolutions extending various Ordinances for a period of 120 days.
These Ordinances include:
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