Gwadar tax exemptionslammed

Published February 3, 2007

LAHORE, Feb 2: PML-N Information Secretary Ahsan Iqbal criticised on Friday the ECC’s decision to grant a 40-year tax exemption to the proposed operators of Gwadar Port, saying it would provide the operators with an opportunity to skim billions of dollars in profits.

Talking to reporters here, he said the decision had proved that people of Balochistan were right in their assertions that the mega project was not in the interest of the country’s most backward province.

When all taxes stood waived, what would Balochistan get from the project, he asked.

He disputed the validity of the decision, saying no exemption could be granted after the award of the contract. Had the government announced it before the bidding, some other company could have agreed to an exemption for a much less period.

Ahsan Iqbal, who was the deputy chairman of the Planning Commission, said the ECC decision was a mega scandal of which the Supreme Court should take a suo motu notice.

If the apex court could take a notice of the kite-flying, it should also look into this scandal, he said.

Replying to a question, the PML-N leader said the multi-party conference would be held in March and differences with the PPP on various issues would be settled in the near future.

Opinion

Editorial

On press freedoms
Updated 03 May, 2026

On press freedoms

THE citizenry forgets, to its own peril, how important a free and independent media is in the preservation of their...
Inflation strain
03 May, 2026

Inflation strain

PAKISTAN’S return to double-digit inflation after 21 months signals renewed economic strain where external shocks...
Troubled waters
03 May, 2026

Troubled waters

PAKISTAN’S water crisis is often framed in terms of scarcity. Increasingly, it is also a crisis of contamination....
Iran stalemate
Updated 02 May, 2026

Iran stalemate

THE US and Iran are currently somewhere between war and peace. While a tenuous ceasefire — extended largely due to...
Tax shortfall
02 May, 2026

Tax shortfall

THE Rs684bn shortfall in tax collection during the first 10 months of the fiscal year is a continuation of a...
Teaching inclusion
02 May, 2026

Teaching inclusion

DISCRIMINATORY and exclusionary content in Punjab’s textbooks has been flagged in Inclusive Education for a United...