ISLAMABAD: The Senate Standing Committee on Finance, led by Senator Saleem Mandviwala, has thrown its weight behind the decision to impose sales tax on charitable and welfare hospitals, overturning longstanding exemptions. The committee’s support comes amidst heated debates over tax obligations and financial transparency in these institutions.
During the meeting, Senator Saleem Mandviwala emphasized the need for rigorous auditing of hospitals benefiting from tax exemptions, citing instances where funds allegedly weren’t utilized as intended. Senator Farooq H. Naik raised concerns about high fees charged by doctors and laboratories associated with trust hospitals.
Officials from the Federal Board of Revenue (FBR) informed the committee that while government hospitals adhere to tax regulations, many private trust hospitals do not pay sales tax despite their substantial operations.
Meanwhile, the committee has summoned Finance Minister Muhammad Aurangzeb for further discussions, highlighting the urgency of addressing these financial policies. Senator Farooq H. Naik underscored the committee’s commitment to finalizing recommendations, urging the finance minister’s prompt attendance.
The developments underscore ongoing efforts to ensure equitable tax practices and financial accountability across healthcare institutions in Pakistan.
