E-Paper PDF 4th April 2020 (KHI)

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CMYK

Saturday, 4 April, 2020 I 10 Shaban, 1441 I Rs 20.00 I Vol X No 276 I 12 Pages I Karachi Edition

‘ECONOMY STIMULATION’

PM gives Major tax relief to construction sector g

govt grants constructIon sector status of Industry, won’t ask them about ‘source of Income’ thIs year

ISLAMABAD staff report

i

n order to strike a balance between the “lockdown and regulation of economic activity”, Prime minister Imran khan on friday announced a relief package for the construction sector that provides tax exemptions to the sector. speaking to reporters after a meeting of the national command centre, the Pm said the government provided these exemptions to provide employment to the labourers so that they can be saved from “hunger and the coming difficult circumstances”. In line with the relief package, the government will not ask construction entities about their source of income for this year as well as approval of a fixed tax regime for the sector. the Pm said: “this [move] will bring

g

Imran says govt has to strIke a balance between lockdown and feedIng Poor PeoPle

down the amount of tax to be paid. also, if the investment is for the naya Pakistan housing scheme, we will exempt 90% of the tax on it.” he announced an rs30bn subsidy for the naya Pakistan housing scheme, saying that on the one hand, it will regulate economic activity and on the other, ensure houses for the poor were also built. he said that withholding tax on materials and services had been abolished in the informal sector. “tax will be collected only on steel and cement, mainly because these are the formal sectors,” he said. Pm Imran said that the government will not collect any capital gains tax from “any family that wants to sell its house”. the prime minister said that the government ensuring that the construction sector was given the industry status and announced the formation of the con-

coronavirus in

Pakistan

struction Industry development board. “an institution will be formed, for the first time, to promote the construction industry in Pakistan,” he said. the premier said that the government will focus on other sectors to gauge whether they can be provided relief. he spoke about the coronavirus relief fund, saying that the government had started it solely for the benefit of the poor in Pakistan. “we will start giving out cheques in the next three to four days,” he said, adding that four million people have registered for the funds. ‘UNPRECEDENTED TIMES’: he said the coronavirus pandemic was an unprecedented crisis and every nation was trying to contain this in its own way, citing the example of the us. he said the case of Pakistan was different as in addition to dealing with the pandemic, the country also has to take care of its population that lives below the poverty line and the daily-wagers. “a lockdown imposed only in defence or gulberg will not be successful. the success of a lockdown will depend on whether the poor will get food at their houses or not.”

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Steel sector ignored in PM’s ‘special package’ for construction industry STORY ON PAGE 05

2,637

SINDH:

787

DEATHS:

40

PUNJAB:

1,069

KP:

BALOCHISTAN:

AJK/GB:

ISLAMABAD:

343 9/190

175 68

IsPr dg says ncoc wIll serve as nerve centre ‘to collate and analyse InformatIon receIved from ProvInces’ ISLAMABAD staff report

Pakistan cannot afford an indefinite lockdown as per the information provided to the national command operation centre (ncoc), said Inter-sevices Public relations (IsPr) chief major general babar Ifitkar on friday. addressing a press conference alongside Prime minister ’s aide on Information firdous ashiq awan, he said: “we cannot afford an indefinite lockdown, we will have to keep our essential services functioning.” gen Iftikhar thanked the media for reporting objectively on the coronavirus pandemic, saying that he had no hesitation in admitting that the state will require cooperation from the media to battle the virus. speaking about the ncoc, he said the centre was headed by federal minister for Planning asad umar and catered to informati0n concerning coronavirus cases coming from across the country. he said that the ncoc serves as

PeoPle defy frIday Prayer ban, beat uP PolIce offIcIals In sIndh

CONFIRMED CASES:

126

g

Corona cases cross 2,600, death toll at 40 g

RECOVERED:

Pakistan cannot afford ‘indefinite lockdown’, says military spokesman

KARACHI/LAHORE staff report

the number of coronavirus infections in the country crossed 2,600 on friday, with the federal and provincial governments struggling to prevent people from going to mosques to attend the friday prayers. as of friday night, Punjab led the tally of covId-19 cases with over 1,069 cases, followed up by sindh with 789 infections. balochistan detected 169 cases whereas khyber Pakhtunkhwa’s tally stood at 343. Islamabad

and kashmir/gilgit-baltistan have reported 199 and 68 cases, respectively. a total of 40 people have lost their lives since the outbreak, whereas over 100 patients have recovered. sindh health and Population welfare minister dr azra fazal Pechuho confirmed 14th death in the province. the 54-year-old patient in hyderabad had tested positive today and had gotten infected through local transmission. the patient had a neurological disorder that had compromised his immune system. two patients died earlier in

CMYK

the day. they were residents of karachi and had tested positive on april 1. one patient, who was 60 years of age, had heart problems and was placed on a ventilator. the other patient, who was 82, had renal issues. two people also died in kP. despite appeals by the government and religious figures, prayers-goers paid no heed and thronged the mosques across the country, putting the country at further risk of coronavirus outbreak, already facing a spike in cases related to members of tableeghi Jamaat, which had planned a congregation in lahore last month.

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a nerve centre “to collate and analyse information received from provinces, after which recommendations are made to national command centre” so that the country’s top political leadership can take timely decisions. the IsPr head said that the ncoc was a ‘one-window operation’ where under one roof, important ministries and provinces had representation. “here, all sorts of information is received and is forwarded,” he said. the military’s media spokesperson said that it was of the utmost importance that the masses cooperated with the state by staying inside their homes. “as a good muslim, it is one of our most important responsibilities to keep others safe as well,” he said. “you can do this by staying inside your houses.” the military’s media spokesperson paid tribute to the doctors, health workers and medical staff that was at the forefront in the battle against the coronavirus.

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more inside

govt re-arrests four men acquitted in daniel Pearl murder case STORY ON PAGE 02

ADB says Pakistan's GDP to shrink, inflation to be in double digits for 2020 STORY ON PAGE 03

major oil refiners shut down as coronavirus destroys demand STORY ON PAGE 05

WB approves $200m to help Pakistan fight COVID-19 STORY ON PAGE 03

KSE-100 extends rally, registers highest-ever weekly gain STORY ON PAGE 09


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