CPEC windfall: Gilgit-Baltistan mulls sourroundings tax
CM Hafeezur Rehman says they will deliver legislation to levy a levy.
PHOTO: EXPRESS
GILGIT: In a bid to beget additional supports from a China-Pakistan Economic Corridor (CPEC), a Gilgit-Baltistan (G-B) supervision is formulation to deliver an ‘environment tax’ on transporters.
“This sourroundings taxation will assistance us boost a revenue,” G-B Chief Minister Hafeezur Rehman told reporters late on Sunday.
However, a pierce is easier pronounced than finished and a G-B supervision will have to order to deliver a new tax. “We will shortly make laws [for it],” Rehman asserted, while adding that a income would be spent on environmental rehabilitation.
A identical thought was floated by a Pakistan Tehreek Insaf (PTI) senator in a assembly that members of a Senate had in G-B with internal legislators to get firsthand information about CPEC. The commission was headed by Senator Taj Haider of a Pakistan Peoples Party.
“Details of how to levy this taxation will be sorted out with a assistance of authorised and environmental experts,” pronounced another G-B supervision official.
Environmentalists have pronounced that a alpine segment will humour due to boost in vehicular trade after a execution of a project. “Besides repudiation of gases and dust, sound and sound wickedness will also supplement to a drop of a environment,” pronounced Ahmad Amir, an activist.
Published in The Express Tribune, Oct 18th, 2016.
Article source: http://tribune.com.pk/story/1201390/cpec-windfall-gilgit-baltistan-mulls-environment-tax/