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 | Govt finalises SRO withdrawal plan
ISLAMABAD: The government is likely to announce next week a plan for fiscal adjustments including gas levy on all sectors except domestic consumers and a road map for withdrawal of tax exemptions starting in April 2014. Total impact is estimated at about Rs125 billion or 0.5 per cent of GDP for current fiscal.
As part of the plan, the government’s economic team led by Finance Minister Ishaq Dar on Friday decided to present to the prime minister on December 30 for approval a list of tax exemptions it planned to start withdrawing from April 1, 2014 to raise more revenue. Read mo
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