Prices to Go Up All Around as Government Revises Taxes for 731 Items

Government of Pakistan has imposed / increased regulatory duty for 731 items, ranging from fruits. livestock, dairy products, cigarettes, home appliances, smartphones, telecom equipment, cosmetics, utilities, bags, fabrics, garments, ceramics, LCDs, LEDs, cars (both used and new) of all types, sport goods and literally everything you can imagine.

Government has said that this new move will discourage consumers from buying imported items without considering the fact that almost everything consumed in the country is imported from outside.

Government said that import bill has increased multiple-folds and there’s no way of restricting it, other than increasing the import duties on such items, which will also earn the government much needed taxes.

Interestingly, import duties are not applicable on items imported by embassies, diplomats or those items imported by rulers of UAE and Qatar.

Similarly, new duties are not applicable for steel round bars, rods of non-alloy steel, non-grain oriented electrical steel sheets and grain oriented electrical steel sheets.

Complete list of items with their new regulatory duties is shared below:

  • Yeah, Increase the F*king taxes on peoples and for their own selves, Increase the Salaries to 300%
    you can clearly see the dirty picture of these corrupt politicians.

  • Can anyone please paste these on walls all around Punjab and specifically the areas which belong to PMLN MNAs and MPAs??

  • Instead of curbing money laundering by the elite themselves,
    as always it was decided to squeeze the poor to improve the balance of payments.

    No check on billions laundered abroad by the rich and corporations,
    instead tax the poor common man more.

  • Democracy fails the common people yet again. I would love to slap the fool who cheered when pervaiz musharraf stepped down. in 8 years pakistan was prospering under musharraf, exchange rate was high, prices were low, business was booming, and every house in the cities had atleast 1 car and a room with an A/C. it took just 10 years of democracy to return pakistan to the sorry state it was in when Nawaz sharif was ousted from office by martial law. Petrol and CNG are 80+ rupees, Pakistani rupees has a laughable exchange rate even compared to the Bengali taka, Food prices are so high both local and international that a 1000 rupees not even enough to buy 5 or 6 grocery items. But guess what people are stupid enough to still vote for pml-n and ppp even when they have 20 years of back history showing they are responsible for draining the national reserve for personal PR and business investment and killing the exchange rate of the rupee. “Repeating the same stupid action over and over again hoping for a different result is clinically defined as INSANITY!” and Pakistan is filled with insane people who vote for the same rich bastards over and over again telling themselves “This time it will be different!”.

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