admin 
MARDAN, (MANEND NEWS): A delegation of the central organization of traders of Khyber Pakhtunkhwa and Mardan Chamber of Commerce met with Federal Minister of Finance Miftah Ismail regarding the current illegal sales tax on electricity, fuel price adjustment, and property tax in Islamabad.
A delegation of traders from Khyber-Pakhtunkhwa Central Trade Organization President Sharafat Ali Mubarak and Central Trade Organization Provincial General Secretary Zahir Shah Khan Mardan Chamber of Commerce Vice President Fayyaz Khan headed by Federal Minister of Finance Miftah Ismail in Islamabad. On this occasion, Waqar Ali Bacha, Bahadur Khan Afridi Muhammad Iqbal, Wahid Gul, Khalid Hussain Nasirullah Syed Akbar Mohmand Fazl Haq were present. In the meeting, the Federal Minister of Finance asked the Federal Finance Minister to add fuel price adjustment and property tax to the existing electricity bills. The delegation of Central Organization Traders Khyber Pakhtunkhwa told Miftah Ismail Federal Minister of Finance that electricity is generated from water in Khyber Pakhtunkhwa, so applying fuel price adjustment to Khyber Pakhtunkhwa is completely excessive and unfair. It should be abolished. There was also a detailed discussion regarding the property tax, on which Federal Finance Minister Miftah Ismail assured to abolish the federal property. Regarding the sales tax, the Federal Finance Minister assured that Apart from the fixed tax in the electricity bills, any residual tax that is applicable will be abolished. The delegation of the Central Organization of Traders of Khyber Pakhtunkhwa recommended that 150 electricity units be tax-free for the small business class, which was announced, and said that it should also be increased. On which the Federal Minister for Finance said that it will also be increased to 250 units in consultation with the Prime Minister, thanks to which small entrepreneurs will not come into the tax net. Further, the sales tax that will be taken in the electricity bills will be considered as income tax and its There will not be any notice or inquiry regarding this. The Federal Finance Minister gave all possible assurances to the delegation of Central Trade Union Khyber Pakhtunkhwa to solve the problems of sales tax, property tax and fuel price adjustment in electricity bills, on which the Central Organization The businessmen of Khyber Pakhtunkhwa expressed their gratitude to Interim Finance Minister Miftah ismail .