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Home Breaking News

Govt collected Rs1.410tr taxes through electricity bills in three years

byCT Report
22/01/2024
in Breaking News, Karachi, Latest News
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KARACHI: The government has been earning big bucks through taxes imposed on electricity bills. During the last three years, taxes worth Rs1.410 trillion have been revealed in this regard.

In two years, the tax collection rate on electricity bills has doubled. In 2021, more than Rs345 billion tax was collected from electricity consumers. Later, in 2022, more than Rs461 billion and Rs603 billion were collected in 2023.

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According to documents, the tax collection is in addition to the actual cost of electricity. Moreover, Rs25.7 billion were collected in terms of PTV fee, more than Rs180 billion in terms of income tax, while consumers paid Rs90 billion in additional tax.

On the other hand, Rs9.80 billion were collected in the form of general sales tax. In terms of electricity duty, more than Rs64 billion were collected from consumers in three years.

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