Free media crucial for democracy: minister

Information Minister Marriyum Aurangzeb on Monday lauded the journalist network for gambling a crucial position in protecting democracy from exclusive varieties of threats within the united states of america.

“Nobody can dare to attack democracy if the voice of journalists is strong and their message is load and clear,” the minister stated at the same time as addressing a reception prepared via the Pakistan Federal Union of Journalists (PFUJ) at the National Press Club.

The reception turned into additionally attended by means of Federal Secretary for Information and Broadcasting Sohail Ali Khan, Principal Information Officer Mobashir Hassan and a huge quantity of journalists and media workers.

The minister stated the medical insurance scheme for journalists and media employees changed into brought in the Federal Budget 2023-24 in step with the vision of Pakistan Muslim League-Nawaz (PML-N) Quaid Muhammad Nawaz Sharif. The committee deferred the problem of imposition of 18% tax on all branded suitable for eating goods. Committee individuals said that they did not understand the purpose in the back of imposition of 18% tax on the ones items and endorsed to study the suggestion.

The committee additionally rejected the authorities idea to increase tax-free repute of erstwhile Federally Administrated Tribal Areas (Fata) for one greater 12 months.

The committee unanimously rejected the exemption of income tax on materials and import of uncooked materials, plant and machinery and deliver of strength to the industrial gadgets and consumers of Fata.

The committee additionally adversarial growth in income tax rate from 12% to fifteen% for the Tier-I retail shops that were already included with the FBR. It stated that such enhancement changed into best encouraging the non-registered sectors in Pakistan.

The committee additionally adverse 10% tax on bonus shares saying that it might discourage new investments.
Representatives of the Faisalabad Chamber of Commerce and Industry additionally put forward their concerns. They demanded that the top notch tax charges need to be rationalised and exporters must be exempted from it.
It was additionally contended that 10% tax on bonus shares need to now not be imposed. The businessmen also hostile the creation of a new 50% windfall income tax, terming it “terrific”.

Jabbar Memon – a main industrialist – stated that 0.6% tax on coins withdrawals would sell Hawala and Hundi commercial enterprise in Pakistan. He proposed that extreme punishments ought to be introduced in the regulation for the taxmen, who make wrong and unsubstantiated tax restoration instances against the taxpayers.

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