Announcing abolition of fuel adjustment charges for low income consumers
Doha: Prime Minister Shehbaz Sharif announced the abolition of fuel adjustment charges in electricity bills and said that 1 crore 71 lakh consumers will benefit from this decision.
While holding a press conference with federal ministers in the capital of Qatar, the Prime Minister said that we are trying to eliminate inflation as much as possible, in which we will achieve success in the coming times. The Prime Minister said that a fixed tax was imposed on traders, which also affected small traders, but this was not the intention of our government, that is why the committee was formed after taking notice, but it will take some time and the tax will end. will be done.
The Prime Minister said that the fixed tax on traders has been abolished from 3 to 10 thousand. The loss of 42 billion rupees will be covered by other revenues. The government cannot put the small businessmen in trouble, but it is recommended to set a tax of 3 thousand to achieve the revenue and target of FBR. However, in the months of July and August, oil prices in the global market fell to a record low, but electricity transmission companies added fuel adjustment charges to the bills, which hurt and burdened consumers.
Shahbaz Sharif said that on the orders of Nawaz Sharif and the wishes of the allies, the government reconsidered the issue and then after three or four days of work and work, we have abolished this tax. Fuel adjustment charges levied on 1 crore 71 lakh consumers have been waived in consultation with F. Others who are good earners will have to give FAC for now, we are reviewing it, maybe there will be a way in future.
The Prime Minister said that the Minister of Energy will soon announce the mechanism for abolishing fuel adjustment charges.