Excise duty on six itmes of zero-rated industry items, Bakery, Branded Mobiles, Phone sets, imported milk, cycles, imported T.Vs, 1000cc vehicles are advised to increase in mini-bugdet
Finance Minister Shaukat Tareen presented a financial amendment bill in National Assembly. National assembly voted 145 in favor and 3 in against. Advised to increase duties on zero-rated industry items, Branded Mobiles, Phone sets, imported milk, cycles, imported T.Vs, and1000cc vehicles.PAF adds J-10C
9 Billion’s burden will be on nation after exemption taken back. Inflation will be core concern for common man after mini budget.
Former chairman FBR Shabbar Zaidi said “It can’t be called mini budget but finance bill. Medicines prices will be reduced after finance bill.