Pakistan, Sindh Budget 2014- Chief Minister of Sindh Syed Qaim Ali Shah will present the provincial annual budget 2014-15 here in the provincial assembly session at 5 p.m. on Friday afternoon.
Zakaria Usman said that the most important proposal was to reduce general sales tax (GST) to a single digit. This will enhance economic activities in the country and consequently tax revenue will also increase.
He suggested that 0.2 % stamp duty on purchase order should be immediately withdrawn as it is a tax on instruments and not on transaction.
As far as the education and health services are concerned, the President FPCCI suggested that for providing good mechanism of transparency and accountability the private sector should be involved in all education and health related projects, commissions, committees and policy related boards.
He said like other provinces the ownership title of land in Sindh province should also be maintained. It is very unfortunate that investors and entrepreneurs face hardship to get transfer of ownership of land in Sindh. (APP)