The Senate Standing Committee on Finance has recommended to the govt. withdrawal of duty and taxes on those goods, which will further push up inflation. The meeting chaired by Senator Talha Mahmood also noted with concern that FBR had issued notices to 1,500 businessmen demanding undue taxes. The committee sought details of these notices by 15th Jul’21. Tax on flour-mills industry may cost additional PKR 97 on per 20kg bag of flour.
22/6/2021