PM Shehbaz orders fixed sales tax collection from shopkeepers suspended
Prime Minster Shehbaz Sharif is addressing the nation on May 27, 2022. — Screengrab via Twitter/@abubakarumer Prime Minister Shahbaz Sharif on Saturday issued an order to immediately suspend the collection of fixed sales tax through electricity bills from shopkeepers, The News reported. The prime minister chaired a meeting in Lahore in which the country's economic situation and the problems of businessmen and their solutions were discussed, in particular the electricity rates and fixed sales tax collection through electricity bills. While addressing the meeting, PM Shehbaz ordered the Federal Board of Revenue (FBR) to immediately suspend collection of fixed sales tax through electricity bills from small traders and retailers, and devise a new roadmap in consultation with traders for the purpose. “An inquiry must be conducted into the levy of increased sales tax ratio on shopkeepers/ retailers in the electricity bills other than that agreed,” he said. The PM said repres