PM Imran calls federal cabinet meeting on mini-budget tomorrow

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ISLAMABAD: Prime Minister Imran Khan on Tuesday called a special federal cabinet session on the upcoming supplementary finance bill scheduled to be presented on Wednesday, sources informed Geo News. Minister for Finance Asad Umar is going to unveil mini-budget that is called supplementary finance bill and macroeconomic framework before the Parliament tomorrow (Wednesday). The cabinet meeting will meet at 2 pm at the parliament house to approve the supplementary budget. The premier has also called parliamentary party meeting tomorrow. The government, the sources said, decided to reduce and abolish RD on 150 items at least against 250 items recommended by the Ministry of Commerce for waiving off RD on items related to industries including raw materials on electronics, engineering, chemicals and other sectors. It is proposed that the slab of 21 percent will be brought down to 20 percent, 16 percent to 15 percent, 11 percent to 10 percent and 6 percent to 5 percent through upcoming finance bill.
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