ISLAMABAD (Eshfak Mughal):- The Federal Government on Thursday withdrawn fix tax regime on electricity bill on shopkeepers which was introduced in Finance Bill 2022-23 following pressure from countrywide traders.

The development came after successful negotiations between government team and traders. Federal Minister for Finance and Revenue Miftah Ismail and Federal Minister for Power Khurram Dastgir Khan hold talks with the business community on Thursday.

Federal Minister for Finance and Revenue Mr Miftah Ismail and Federal Minister for Power Mr. Khurram Dastgir Khan announced that on the demand of traders ,Govt has decided to  withdraw fixed tax regime on electricity bills for one year, said in the twiter handler of Finance Ministry on Thursday evening.

The announcement comes hours after the finance ministry rejected the media reports claiming that the government has withdrawn taxes on electricity bills amid strong protest by traders.

Taking to Twitter, the ministry said: “News being released by media channels that Govt has taken back the decision of tax on electricity bills, it is clarified that there is no authenticity in such news and no decision has so far been taken by the govt.”

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