Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

Senate Commerce Committee snubs Finance Ministry for not giving due importance to house

byM Arshad
01/09/2016
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Senate Standing Committee on Commerce on Wednesday snubbed the Finance Ministry for not giving due regard to the house and decided to write to Finance Minister Ishaq Dar to bring the situation to his notice.

The committee met here with Shibli Faraz in the chair to discuss State Life Insurance Corporation (Re-Organization and Conversion) Bill 2016 as well as a number of bills lying pending with the Finance Ministry, including National Tariff Commission (NTC).

You might also like

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

15/06/2026

Banks must upload account data to FBR Hub under FY27 Bill

15/06/2026

In this regard, the committee was informed that Finance Ministry had deputed an officer of junior rank to explain the situation before the committee. As per rules, no officer less than the rank of joint secretary can represent any department in any meeting of any committee of the parliament. Similarly, only Chief Financial Officer of the ministry is authorized to explain any issue before the Public Accounts Committee (PAC).

At this the Chairman and committee members including Senator Ilyas Bilour, Karim Ahmad Khawaja and others took strong exception of the presence of lower ranked officer in the meeting. The officer explained that Finance Secretary Waqar Masood was busy in another important meeting; therefore, he had been deputed to attend the committee meeting.

The word another important meeting enraged the committee members and they criticized the Waqar Masood as well as the Finance Ministry for not giving due importance the proceedings of the committee.

Please! Go and tell both the Finance Secretary and Finance Minister that no other forum is as important as this committee is” the chairman Committee asked the Finance Minister official to leave the room, saying that he was not entitled to represent ministry at this august forum.

Related Stories

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

byCT Report
15/06/2026

ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...

Banks must upload account data to FBR Hub under FY27 Bill

byCT Report
15/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions...

FBR Bahawalpur Zone recovers Rs530m in record enforcement drive

byCT Report
15/06/2026

BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...

Finance Bill 2026 expands FBR audit powers under sales tax law

byCT Report
15/06/2026

ISLAMABAD: The Finance Bill 2026 has proposed significant amendments to Section 25 of the Sales Tax Act, 1990, granting Inland...

Next Post

Quetta Customs finds smuggled cigarettes from train at Chaman

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.