Sunday, October 20, 2024

Cooking Oil More Affordable

It has been decided to eliminate the sales tax on cooking and edible oil.

According to the finance bill, it was decided to raise the sales tax on leather and textile products at the point of sale.

The sales tax rate on POS has been raised from 12% to 15%.

To combat smuggling, it has been decided to deploy levies and special forces.

It is proposed that the penalties for those who traffic in prohibited goods be increased.

It is proposed to extend the sales tax exemption in FATA and PATA for another year. Contraception sales tax exemption has been approved.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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