Increase in minimum wages through finance bill rejected

KARACHI:,,, Employers Federation of Pakistan (EFP) on Thursday rejected fixing of minimum wages through finance bill and said that the same should be decided by Minimum Wage Board (MWB).

Addressing a press conference at Karachi Press Club, President EFP KM Nauman said that the legal way of increasing minimum wages should be discussed in MWB and then wages should be fixed with the consensus of employers.

To a question, he said that the government was increasing the minimum wage by finance bill every year for scoring political points but the ground reality was that the government did not success to implement the law in sprit and letters.

“There are thousands of companies and firms which cannot afford to pay minimum wage of Rs 12000 to their workers.” He demanded of the federal and provincial governments to withdraw the recent increase in minimum wage and let the MWB to decide the matter.

However, Nauman expressed his happiness over concessions given by the government in new fiscal year budget such as subsidy on fertilizer and gas infrastructure development cess.

He also praised Federal Finance Minister Ishaq Dar for reducing sales tax on the import of edible oil seeds from 17% to 16%.

Talking about lawlessness in the country, particularly in Karachi, he hoped that military action against terrorists in tribal areas would help improving law and order situation.

The post Increase in minimum wages through finance bill rejected appeared first on Pakistan Press International.

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