Islamabad August 5 2022: Federal Minister for Finance and Revenue, Miftah Ismail and Federal Minister for Power Khurram Dastgir Khan announced that the government has decided to withdraw fixed tax regime on electricity bills for one year.
The decision was taken on the directive of the prime minister to fulfill the demand of the traders.
Under Finance Act, 2022, a minimum Rs3,000 sales tax was applicable to all the registered retailers (filers) and Rs6,000 to non-filers across the country through electricity bills on a monthly basis.