AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 213.30 Increased By ▲ 2.92 (1.39%)
BOP 9.49 Increased By ▲ 0.01 (0.11%)
CNERGY 6.29 Decreased By ▼ -0.19 (-2.93%)
DCL 8.76 Decreased By ▼ -0.20 (-2.23%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.35 Decreased By ▼ -2.57 (-2.65%)
FCCL 35.20 Decreased By ▼ -1.20 (-3.3%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.45 Increased By ▲ 1.50 (10.03%)
HUBC 126.26 Decreased By ▼ -4.43 (-3.39%)
HUMNL 13.30 Increased By ▲ 0.01 (0.08%)
KEL 5.33 Decreased By ▼ -0.17 (-3.09%)
KOSM 6.98 Increased By ▲ 0.05 (0.72%)
MLCF 42.99 Decreased By ▼ -1.79 (-4%)
NBP 59.07 No Change ▼ 0.00 (0%)
OGDC 221.45 Decreased By ▼ -8.68 (-3.77%)
PAEL 38.82 Decreased By ▼ -0.47 (-1.2%)
PIBTL 8.15 Decreased By ▼ -0.16 (-1.93%)
PPL 192.50 Decreased By ▼ -7.85 (-3.92%)
PRL 37.99 Decreased By ▼ -0.89 (-2.29%)
PTC 26.35 Decreased By ▼ -0.53 (-1.97%)
SEARL 104.56 Increased By ▲ 0.93 (0.9%)
TELE 8.37 Decreased By ▼ -0.08 (-0.95%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.95 Decreased By ▼ -0.57 (-4.22%)
TREET 25.31 Increased By ▲ 0.30 (1.2%)
TRG 70.53 Increased By ▲ 6.41 (10%)
UNITY 33.40 Decreased By ▼ -1.12 (-3.24%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,896 Decreased By -200.8 (-1.66%)
BR30 36,940 Decreased By -775 (-2.05%)
KSE100 110,515 Decreased By -1899.4 (-1.69%)
KSE30 34,803 Decreased By -705.1 (-1.99%)

PESHAWAR: Business community has rejected collection of ‘fixed tax’ through electricity bills and demanded of the federal government to withdraw it forthwith.

Hasnain Khurshid Ahmad, president Sarhad Chamber of Commerce and Industry while chairing a meeting of local traders’ here at the chamber’s house said the government has collected sales tax from Rs3,000 up to Rs20,000 through electricity bills, which couldn’t be acceptable to them.

Without differentiating between small and large-scale businesses, and godowns, the forced system of ‘fixed’ sale tax on commercial power meters was reflection of the government’s anti-business policies and tantamount to economic-murder of traders’ community, Khurshid said.

The meeting was attended by the chamber’s senior vice president Imran Khan Mohmand, vice president Javed Akhtar, Anjuman e Tajaran Peshawar president Haji Muhammad Afzal and other trader’ leaders, office bearers of various bazaars and markets associations.

Participants of the meeting termed the government’s decision as economic murder of the traders’ community. The traders have already paid ‘sales tax’ and again collection of ‘fixed tax’ from Rs3,000 to Rs20,000 through power bills is completely unjustifiable and unfair, the speakers said.

The SCCI’s chief said the frequent increase in power tariffs and collection of Fuel Price Adjustment (FPA) in power bills is strongly condemnable and unacceptable.

The traders’ leader asked the government to take back its decision to collect additional taxes on power bills in the name of FPA and others.

The traders warned to besiege the building of Wapda house if in case, the disconnection of power supply of their shops and business premises.

Hasnain Khurshid asked the federal government to refrain from imposing anti-traders and business policies. He added said traders and poor people couldn’t afford any new tax, subsequent increase in inflation.

The chamber’s president vowed to strongly resist the government’s decision of a fixed ‘sales tax’ on power bills by launching a vigorous agitation campaign across the KP province.

Copyright Business Recorder, 2022

Comments

Comments are closed.