On Saturday, Prime Minister Shahbaz Sharif gave the go-ahead to stop collecting fixed sales tax from retailers through their electricity bills.The economy of the nation, businessmen’s issues, and potential remedies were reviewed at a meeting that the prime minister presided over in Lahore.
Of particular importance were the fixed sales tax rates and the discussion of how to collect them through power bills.PM Shehbaz addressed the gathering and directed the Federal Board of Revenue (FBR) to immediately stop collecting fixed sales tax from small traders and retailers via electricity bills and to create a new plan in cooperation with traders.
Engineer Khurram Dastagir, Minister of Energy, Minister of Finance Miftah Ismail, Minister of State for Petroleum Dr. Musadik Malik, FBR Chairman, pertinent federal secretaries, and other senior officials were present at the meeting.
