The finance minister said that the standard tax would offer equal opportunities and create a balance in the market.
ISLAMABAD – The federal government has proposed a major relief on import of items related to solar production in Pakistan.
The finance minister said the government aims at providing relief on the import of production plants, machinery, and raw materials used in manufacturing of solar panels, inverters and batteries.
The move will help government save precious foreign exchange reserves of the country.
Meanwhile, the federal government has proposed imposition of 18 percent standard rate tax on mobile phones of various categories.
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The finance minister said that the standard tax would offer equal opportunities and create a balance in the market.
These are the reasons the government aims at imposing the 18% standard rate tax on various categories of mobile phones.
