The Pakistan Tehreek-e-Insaf (PTI) federal government has presented a mini-budget in the National Assembly to end tax exemptions given to various sectors under an agreement reached with the International Monetary Fund (IMF).
The proposed mini-budget is yet to be debated by the people's representatives in parliament, but it does suggest the abolition of tax breaks in a number of areas that have seen progress over the past few years.
One of these sectors is the renewable energy sector.Over the last few years in Pakistan, the trend of installing solar panels in consumers to get rid of energy crisis and expensive electricity has increased rapidly but now the government has proposed to impose 17% general sales tax on them. I have submitted
Industrialists and environmentalists associated with the solar industry have expressed concerns over the proposed abolition of the 17% tax on crude oil and the imposition of a tax on solar panels.
The Pakistan Tehreek-e-Insaf (PTI) government and Prime Minister Imran Khan launched a program called Clean and Green Movement two years ago to protect the environment. Is facing
