ISLAMABAD: The government has announced to withdraw the fixed tax scheme for traders for one year, according to media reports.
Finance Minister Miftah Ismail and Power Division Minister Khurram Dastagir announced that on insistence of the Pakistan Muslim League-N leadership, specially Vice President Maryam Nawaz, they were removing the fixed tax on electricity bills for one year. He said traders had also been demanding the same.
“There will be no fixed tax in the current financial year’s electricity bills as the tax is deferred for one year,” Miftah Ismail said.
On the other hand, the Finance Division on Thursday said that there was no authenticity in such news and no decision had so far been taken by the govt.
However, talks were held with traders and business community on taxes on electricity Bills, said a press release issued here by Finance Division.