estate stakeholders would be called in its next meeting for further deliberations on the anomalies. The Committee Members were of the view that Section 236-W of Income Tax Act, 2016 should be reviewed for removing the upper cape, defined by FBR. Mr. Qaiser Ahmed Shaikh Chairman of the Committee stated that government will achieve more revenue by taking such kind of positive measures. He was also of the view that FBR officers should understand the problems being faced by the general public. He added that government should further introduce public friendly policies for business community in the country, as well. 7. The Committee deferred agenda regarding market abused, insider trading, misappropriation in stock market, role of Securities & Exchange Commission of Pakistan (SECP) and actions taken by the SECP due to short of time and decided that same would be considered in its next meeting. 8. The Committee once again recommended that agriculture loaning to small farmers should be on lowest markup rates, which could be single digit. The Committee was informed by the President; NBP that government has decided to provide Rs. 300 Billion to small farmers on zero markup ratio. He added that NBP share in said value would be Rs. 11 billion for disbursement of loans to agriculture sector. 9. The meeting was attended by Rana Shamim Ahmed Khan, Mr. Isphanyar M. Bhandara, Ms. Khalida Mansoor, Dr. Shizra Mansab Ali Khan Kharral, Sheikh Fayyaz-ud-Din, Dr. Nafisa Shah, Syed Mustafa Mehmud, Mr. Asad Umar and Mr. Abdul Rashid Godil, MNAs, besides the senior officers from Ministry of Finance & Revenue, SECP, FBR, SBP and NBP. (AMIR OMER MALIK) Secretary Committee
estate stakeholders would be called in its next meeting for further deliberations on the anomalies. The Committee Members were of the view that Section 236-W of Income Tax Act, 2016 should be reviewed for removing the upper cape, defined by FBR. Mr. Qaiser Ahmed Shaikh Chairman of the Committee stated that government will achieve more revenue by taking such kind of positive measures. He was also of the view that FBR officers should understand the problems being faced by the general public. He added that government should further introduce public friendly policies for business community in the country, as well. 7. The Committee deferred agenda regarding market abused, insider trading, misappropriation in stock market, role of Securities & Exchange Commission of Pakistan (SECP) and actions taken by the SECP due to short of time and decided that same would be considered in its next meeting. 8. The Committee once again recommended that agriculture loaning to small farmers should be on lowest markup rates, which could be single digit. The Committee was informed by the President; NBP that government has decided to provide Rs. 300 Billion to small farmers on zero markup ratio. He added that NBP share in said value would be Rs. 11 billion for disbursement of loans to agriculture sector. 9. The meeting was attended by Rana Shamim Ahmed Khan, Mr. Isphanyar M. Bhandara, Ms. Khalida Mansoor, Dr. Shizra Mansab Ali Khan Kharral, Sheikh Fayyaz-ud-Din, Dr. Nafisa Shah, Syed Mustafa Mehmud, Mr. Asad Umar and Mr. Abdul Rashid Godil, MNAs, besides the senior officers from Ministry of Finance & Revenue, SECP, FBR, SBP and NBP. (AMIR OMER MALIK) Secretary Committee