ECC allows export of two lakh tons of sugar

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ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) at its meeting on Tuesday approved the export of two lakh tons of sugar.

The ECC meeting chaired by Finance Minister Senator Ishaq Dar gave approval to extend applicability period of reduced rate of withholding tax i.e. 0.4% for non-filers up to 30th June 2017

Approval was accorded for disbursement of one month’s salary (December 2016) amounting to Rs.380 million for employees of Pakistan Steel Mills, Karachi

The ECC decided that 7.05 million tons of wheat will be procured from 2016-17 crop under public sector procurement.

The ECC approved proposal put forth by Ministry of P&NR for changes in existing procedure for sampling and testing of imported petroleum products.