A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held under the chairmanship of Adviser to the Prime Minister of Pakistan on Finance and Revenue, Dr. Abdul Hafeez Shaikh at the Cabinet Division on Wednesday.
As per official handout, “ECC allowed the amendment in the import of Customs Duty Free Cars under disabled persons ‘scheme. Under the new amendments the income bracket of the person who is importing the vehicle is increased from the current limit of Rs. 20,000 to 100,000 to 100,000 to 200,000 per month. He 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.”
“The committee approved the Incorporation of Pakistan Single Window Company under section 42 of the Companies Act, 2017 with its objectives as contained in the Memorandum & Articles of Association. The composition of the Board of its Directors was also approved.”
“ECC also gave approval for the provision of technical supplementary grant of PKR 219.631 million for the reimbursement of the expenditure of National Coordination Committee on Covid-19 for the current financial year.”
“PKR 6 billion were approved for the Ministry of Railways as additional grant @ 500 million per month to defray its mandatory liabilities including pay and pensions. Two technical supplementary grants amounting to Rs. 160 million and PKR 96 million were approved for the Ministry of Federal Education and Professional Training. The Publication of Rolling Spectrum Strategy 2020-2023 was also approved by ECC.”