AGL 38.31 Decreased By ▼ -0.39 (-1.01%)
AIRLINK 138.37 Increased By ▲ 0.49 (0.36%)
BOP 5.42 Decreased By ▼ -0.01 (-0.18%)
CNERGY 3.80 Increased By ▲ 0.02 (0.53%)
DCL 7.90 Increased By ▲ 0.16 (2.07%)
DFML 45.99 Increased By ▲ 0.37 (0.81%)
DGKC 81.50 Increased By ▲ 1.00 (1.24%)
FCCL 29.65 Increased By ▲ 0.10 (0.34%)
FFBL 56.01 Increased By ▲ 0.21 (0.38%)
FFL 9.24 Increased By ▲ 0.15 (1.65%)
HUBC 106.80 Increased By ▲ 1.20 (1.14%)
HUMNL 14.40 Increased By ▲ 0.35 (2.49%)
KEL 4.48 Increased By ▲ 0.18 (4.19%)
KOSM 8.03 Decreased By ▼ -0.20 (-2.43%)
MLCF 38.13 Increased By ▲ 0.15 (0.39%)
NBP 68.93 Decreased By ▼ -0.30 (-0.43%)
OGDC 167.55 Increased By ▲ 0.55 (0.33%)
PAEL 25.72 Increased By ▲ 0.52 (2.06%)
PIBTL 6.11 Decreased By ▼ -0.67 (-9.88%)
PPL 131.00 Increased By ▲ 0.65 (0.5%)
PRL 23.80 Increased By ▲ 0.04 (0.17%)
PTC 15.80 Increased By ▲ 0.10 (0.64%)
SEARL 64.70 Increased By ▲ 3.22 (5.24%)
TELE 7.00 Decreased By ▼ -0.04 (-0.57%)
TOMCL 36.40 Increased By ▲ 0.30 (0.83%)
TPLP 7.95 Increased By ▲ 0.14 (1.79%)
TREET 15.10 Decreased By ▼ -0.05 (-0.33%)
TRG 45.09 Increased By ▲ 0.20 (0.45%)
UNITY 25.63 Increased By ▲ 0.12 (0.47%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,276 Increased By 52.5 (0.57%)
BR30 28,010 Increased By 243.5 (0.88%)
KSE100 86,865 Increased By 398.5 (0.46%)
KSE30 27,281 Increased By 117.6 (0.43%)

The Board of Airline Representatives in Pakistan (BARIP) has appreciated the Federal government decision to revise the imposition of Federal Excise Duty (FED) on international travel and instead a specific amount has been fixed for passengers embarking on international journey from Pakistan applicable from August 01, 2006.
According to Federal government directives the fix tax (FED) for passengers travelling to the destination of Africa, Saarc Region, UAE, Saudi Arabia and Afghanistan will be Rs 1500 for Economy class and Rs 2500 for Business class respectively.
Similarly, Federal Excise Duty for Europe, Far East, China, USA, Canada, Australia, South America and others will be 2,500 for Economy class and 4,000 for Business class respectively.
Diplomats, Crew, Haj travellers and passengers holding return tickets issued abroad and embarking on return journey from Pakistan will be exempted from the said tax.
BARIP said the revision of FED is the result of a series of meetings initiated by BARIP. As a result a mutual understanding and agreement between BARIP and Federal Government was reached.
"We are grateful to the Government and Central Board of Revenue for taking our concerns into consideration and effectively revising the FED on international travel". "We thank them for their co-operation in this regard", said Azhar Hashim, Vice Chairman, BARIP.
BARIP in Pakistan comprises representations from PIA, Emirates, Air France, Etehad Airways, Alitalia, Biman Bangladesh Airlines, British Airways, Cathay Pacific, Gulf Air, Iran Air, Kenya Airways, KLM Royal Dutch Airlines, Lufthansa German Airlines, Malaysia Airlines, Qatar Airways, Saudi Arabian Airlines, Singapore Airlines, Sri Lanka Airlines, Swiss International Airlines, Syrian Arab Airlines, Thai Airways International and Turkish Airlines.

Copyright Associated Press of Pakistan, 2006

Comments

Comments are closed.