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Home Islamabad

Fesco pays Rs 6.3b tax to FBR annually

byCT Report
28/04/2016
in Islamabad
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FAISALABAD: The Faisalabad Electric Supply Company (Fesco) regularly pays taxes of Rs 6.3 billion to the Federal Board of Revenue annually.

Contradicting a statement appeared in a press section, Fesco Spokesman Tahir Sheikh said that FBR had imposed tax on the subsidy provided to the general public and against this levy, the Fesco had got stay order from a court.

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Some elements are spreading rumours against Fesco only for their nefarious designs, the spokesman said and warned such elements to avoid from negative propaganda, otherwise, Fesco will take legal action against them.

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