Latest measure: Tax hike will not affect common man, says Dar
Finance Minister Ishaq Dar. PHOTO: AFP/FILE
Federal Finance Minister Ishaq Dar has said no tax will be imposed on locally manufactured items being produced from imported goods.
Addressing the inaugural ceremony of Language and Computer Centre of Jamia Hajveria at the Data Darbar complex on Tuesday, he said that tax had been levied on imported items only.
Zarb-e-Azb to cost Rs190 billion, Dar tells Senate
“The revenue generated from regulatory tax would be spent on development projects across all provinces,” said Dar. “Prices of daily commodities in Islamabad and other provinces had been evaluated in the daily meeting of the National Price Monitoring Committee,” told Dar. “The government had instructed the National Food Security and Research Ministry to review prices so that a common man is not affected by the price hike.”
“2016 would culminate Zarb-e-Azb,” he said.
Published in The Express Tribune, December 2nd, 2015.