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Home Breaking News

Federal cabinet okays ATIR rules, body constituted to consult on PECA amendments

byCT Report
15/05/2024
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: The federal cabinet has decided to set up a special committee for consultation on amendments in Pakistan Electronic Crimes Act (PECA), 2016, and approved Appellate Tribunal Inland Revenue (Conditions of Service) Rules, 2024, with the objective to expeditiously dispose of the pending tax cases.

The meeting chaired by Prime Minister Shehbaz Sharif on Tuesday has also decided that the special committee will include representatives of coalition parties and will be headed by Adviser to Prime Minister on Political Affairs Rana Sanaullah.

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At the outset of the meeting, the premier while speaking to the participants stated that after a detailed review of the current situation in the meeting held on Monday regarding the current situation of Azad Jammu and Kashmir, the federal government has approved provision of Rs23 billion to resolve the problems of the Kashmiri people.

He thanked President Asif Ali Zardari, Prime Minister AJK Chaudhry Anwarul Haq, Minister of Kashmir and Gilgit-Baltistan Affairs Amir Muqam and other political leaders and government officials to resolve the issue amicably.

The federal cabinet approved the Appellate Tribunal Inland Revenue (Conditions of Service) Rules, 2024, on the recommendation of the Ministry of Law and Justice.

Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6

The members of these tribunals will be appointed under these rules. The meeting was informed that main objective of these tribunals is to expeditiously dispose of pending tax cases.

The federal cabinet also approved amendments to the Toshakhana Gift Rules.

Under these amendments, shields, souvenirs and other such gifts which are not retained by the recipient will be placed in any conspicuous place on the premises of the recipient’s institution and properly recorded besides it record would also be maintained.

The gifts of books that will not retain by the recipient will be kept in the recipient’s office or in a public library and a regular inventory will be prepared. Gifts which are prohibited under Pakistan laws shall be destroyed in the presence of a committee constituted by the Cabinet Division. Similarly, the honorarium of the private sector expert who estimates the gifts of Toshakhana will also be increased.

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