Tax reduced on POL products to ease inflation: PM Imran

Tax reduced on POL products to ease inflation: PM Imran

Prime Minister Imran Khan on Friday said the government has reduced taxes and duties on petroleum products to ease inflationary pressure.

The Prime Minister Imran Khan said Pakistan has been put on right course with record exports, tax collection and remittances by the expatriates.

READ MORE: Pakistan’s sensitive price inflation jumps up 18%

Addressing a public gathering in Mandi Bahauddin, he said the inflation impacting the common man and the government is trying to ebb away its pressure by reducing taxes and duties on petrol import.

Imran Khan said for the first time, the government also granted overseas Pakistanis voting right, enhanced farmers’ income, ensured the timely payments to sugarcane farmers.

READ MORE: Pakistan’s inflation climbs up 24-month high in January

The prime minister said the government is bringing about an IT revolution in the country as 70% rise in IT exports has been recorded. He also said the government was providing interest free loans to the youth and Rs 1 million health insurance to every family in Punjab.

READ MORE: January headline inflation may clock near 13%

Imran Khan said this is just the beginning and we have to make Pakistan a welfare state with Sehat Card being the biggest step towards it.

He said by March, Sehat Card will be available across Punjab for which provincial government has allocated 400 billion rupees.

READ MORE: Mini-budget likely to push up inflation: SBP

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