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Pakistan Cotton Ginners Association (PCGA) has opposed the proposal to collect the Flood Surcharge through electricity bills and said that ginning sector has badly affected with the hazard of recent floods. Spokesman of ginning sector, Shehzad Ali said that ginning operation could not be started yet in various districts of Punjab, Sindh and Khyber Pakhtunkhawa.
He said that 5 percent withholding tax is already being paid in the electricity bills monthly. So to impose 10 percent another flood surcharge on the industrial sector is a cruel step by the government that should be immediately taken back. Shehzad Ali further added that despite of heavy financial losses, ginning sector has generously helped the flood affectees. He demanded of the government to announce an immediate relief package for the flood affected industries and should announce the relief policy under the light of suggestion by PCGA.

Copyright Business Recorder, 2010

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