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Senate body recommends salary hike, cut in tax rate

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ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Friday finalised recommendations for amendments in the federal budget 2015-16 and expressed concern over renewed petrol shortage in the country. Presided over by Senator Salim H. Mandviwala, the committee demanded further increase in salaries and pensions, reduction in tax rate on oil products and sought increase in electricity slab for lifeline consumers. The committee concluded its weeklong deliberations on the budget for...

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