For the last several months, a major problem for the people has been the constant suffering in the case of Corona, due to which even professionals are forced to stay home unemployed and sleep on it. Things like flour, sugar are also facing a crisis, so the government is trying to create some relief by providing some relief to the people. A good step has been taken by the Punjab government, imposed on infrastructure development. Cess tax has been significantly reduced, the tax levied on infrastructure development in Punjab has been reduced by Rs 1 billion.
Punjab authorities and contractors had little to appeal to the SIS infrastructure to reduce infrastructure SIS government will reduce taxes on goods imported from abroad. The Chief Minister Usman Buzdar commanded the Treasury Department that The development cess tax should be reduced so that there is no delay in infrastructure works in Punjab. Will be.
According to the officials, the target for tax collection was Rs 5 billion in the last financial year under development cess. The answer has been set at Rs 4 billion after a reduction of Rs 1 billion in the new financial year. The infrastructure development cess was abolished to make it easier for cars. However, the development cess in the construction works of other provincial institutions has also been significantly reduced.
Extracted from City42 News
