In a move to encourage power generation through alternative energy sources, Prime Minister Shehbaz Sharif on Friday announced removal of 17 per cent general sales tax on solar panels imposed by the previous PTI government, claiming that it is only way forward to reduce the country’s oil import bill that stood at $20 billion amid the fast rising prices of the US currency that has crossed the barrier of Rs200.
Source: dawn.com
Latest Posts in "Pakistan"
- National Grid Company Seeks VAT Exemption on Imported Equipment for Development Projects Amid Financial Strain
- Textile Council Urges PM to Declare Export Emergency Amid Plunging Exports and Widening Trade Deficit
- Pakistan Rolls Out Phased E-Invoicing Linked to VAT and Sales Tax Compliance
- Customs Inspector Suspended for Extortion and Misconduct at Islamabad Airport
- Customs Values of Imported Latex Rubber Threads Revised to Reflect International Price Trends













