January 27, 2023

Fixed sales tax collection through the electricity bills has been suspended. Prime Minister Shehbaz Sharif has directed for formulation of new mechanism. An inquiry has also been ordered into the levy of increased sales tax ratio on retailers, other than the one agreed upon by the two governments.

Prime Minister Nawaz Sharif has asked the relevant authorities to devise an effective mechanism for slashing the power rates for the poor. He also asked for the inclusion of representatives of traders in the consultation process, prior to taking any decision with regard to the collection of taxes from shopkeepers through electricity bills.

The meeting was chaired by Finance Minister Miftah Ismail and attended by Energy Minister Khurram Dastagir and other high-ranking officials.

Leave a Reply