KARACHI President Asif Ali Zardari on Monday gave approval to impose one-time Flood Relief Tax in Sindh. However, the ruling PPPs coalition partner in Sindh, MQM opposed the move, saying that the proposed tax would put extra burden on the people of Sindh. During a high-level meeting at Bilawal House, the provincial ministers and secretaries briefed the President about the damages, relief and rehabilitation process in flood-hit areas of the province. Sindh Chief Minister Syed Qaim Ali Shah also attended the meeting. Advisor to Chief Minister for Planning and Development Department, Kaisar Bengali briefed the meeting about overall damages caused by floods and proposals to start rehabilitation process in the districts. After meeting, Bengali informed the media that President Zardari gave approval for imposition of the one-time Flood Relief Tax. Elaborating the modes of Flood Relief Tax, the Provincial Advisor said that this tax would be added with one-time increase in rate/percentage of various provincial taxes. He added that flood relief tax would be levied on registration of vehicles, issuance of arms licences and property matters. Further describing the proposed move of Government, he said that the tax would increase the rate of existing provincial taxes for one-time, which would add the revenue of Rs20 billion to Rs25 billion. He said that after collecting the one-time tax, the percentage of taxes would be reduced. All the people including agriculturists and industrialists will come under the one-time Flood Relief Tax net, he added. Bengali said that almost 90 percent tax base belonged to the Federal Government while the provinces had small portion of the tax net. Informing about the flood related damages; Advisor to CM said that Sindh suffered Rs447 billion losses in terms of damages to agriculture, education sector, health, road, bridges, energy and other departments. The rehabilitation process will complete in three years, he said and warned that if the Government did not receive funds in time, then the rehabilitation would take 5 to 7 years. He said that the most-hit districts would be rehabilitated on the priority basis.