The Lahore Chamber of Commerce and Industry (LCCI) has appealed to the government to eliminate fixed charges and taxes on electricity bills, citing the immense burden on industries and businesses.
In a statement, LCCI President Kashif Anwar emphasized that the fixed charges and taxes on electricity bills are a significant obstacle to the growth of industries and businesses in Pakistan.
“The government should reconsider its taxation policies and provide relief to the industries and businesses by scrapping the fixed charges and taxes on electricity bills,” Anwar urged.
The LCCI president pointed out that the fixed charges and taxes on electricity bills are a major component of the overall cost of doing business in Pakistan, making it difficult for industries and businesses to compete in the global market.
Anwar also highlighted the need for a stable and predictable taxation regime, which would help industries and businesses to plan and invest for the future.