The government has decided to meet the conditions of the IMF and the implementation has also started.
The same time, Nepra has ordered that they will increase the price of electricity for the export sector by Rs 12 to Rs 13 per unit so that the government can get a huge amount.
Apart from this, the subsidy for farmers and the export sector has also been abolished, and this subsidy was up to 65 billion rupees, which has been abolished. Ordered to increase.
Let us tell you that NEPRA has sent a notification to the federal government to decide this matter and said that only the federal government has the right to terminate and grant subsidy.
The current government of Pakistan has fulfilled a condition of the IMF in which the government has increased the tax on luxury vehicles by 25%.
A summary has also been developed from the circulation to issue this notification and now the order will be issued by FBR and all these new taxes will start in next few days. This sales tax has been increased as it will fetch more than 15 billion to FBR every 4 months.
Important sources have revealed that the tax hike items include luxury vehicles, imported makeup and many imported electronics and all these have been increased by 25%.
Along with this, 25% tax has also been increased on animal feed, imported shoes, purses, lotions and many other items.