Re: Budget 2008
SLAMABAD: Federal Government has decided in principle to **withdraw subsidy being provided for electricity.
**
It has been proposed to raise general sales tax on electricity bills from present 15 percent to 16 percent and collect the same from the consumers.
Besides, NEPRA has been allowed to undertake fuel re-adjustment of distribution companies on monthly basis instead of every six months. The step may further increase the monthly electricity bills.
Brilliant! now the electricity prices will go up every month and Government will have no control over it. :chai: