Plan To Collect Rs. 150 Bn Via Taxes

ISLAMABAD: Federal Caretaker government is actively considering to levy taxes to the tune of Rs. 150 billion through presidential ordinance.

According to informed sources, the government has decided to levy 5 percent with-holding tax on the purchase of new vehicles, 17 percent GST on sugar, and raise GST to 1.5 percent on all exports.

Besides these, Federal Excise Duty on cigarettes would be 65 percent of the retail price.