ISLAMABAD Finance Minister Dr Abdul Hafeez Sheikh on Wednesday informed the Upper House that reformed General Sales Tax (GST) was being implemented while the government had already brought the rich and the influential persons in the tax net under Capital Gains Tax (CGT). While replying to various supplementary questions during the question hour session in the Senate, he assured the legislators that the education of students studying abroad at HEC scholarships would not be affected at any cost and they would get the required money as per routine. The minister said that all the projects of all public sector universities that were in the advanced stage would not be shelved at all. The government has already accepted the genuine demands of the university teachers and a committee has also been constituted to sort out funding issues of the universities, he added. He said the government had increased the budget for Higher Education Commission (HEC) by 8 per cent despite the decrease in budget of many other sectors for the fiscal 2010-11. He dispelled the impression being given in the media that the government had only two-month salary in its kitty and said that he was misquoted regarding the non-payment of salaries. He said that the government was taking pragmatic steps for the development of economic sector and all resources would be mobilized for the purpose.