Ijaz kakakhel Islamabad
A legislative body of Upper House of parliament on Wednesday termed the Finance Supplementary Bill 2021 to bring a tsunami of inflation in the country and will badly affect poor segment of the society.
Senators expressed these views during a meeting of the Senate Standing Committee on Finance Revenue and Economic Affairs, held in the parliament house under the chairmanship of Senator Talha Mehmood. “The revenue of the Government is being increased on the cost of oppressing the common man,” stated Senator Farooq Hamid Naek.
The committee unanimously believed that the money bill will bring a negative impact on the common man with the poor as the prime sufferer. The committee considered the Finance (Supplementary- Bill, 2021 laid in the House on January 42022. At the onset of the meeting the committee raised objections to the unconstitutional order of the House to finalize the consideration of the Bill within 2 days, whereas, 14 working days are required to deliberate on the Bill as per the constitution. Therefore it was decided by the committee to commence clause-wise discussion on the Bill after the committee is briefed by the FBR on the tax reform policy.
