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Cheap power facility ends for export industries – Money

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Cheap power facility ends for export industries - Money

Ministry of Energy has zero-rated export industries Cheap electricity issued a formal notification to terminate the facility.

The federal government was providing cheap electricity to important export industries to promote exports.

A deal with the IMF is likely in 2 days

Power was being supplied to the export sector at Rs 19.99 per unit. This facility was available to textile, carpets, sports, surgical and leather industries.

Tax collection of 527 billion rupees in one month

This facility was announced by the Federal Finance Minister in October 2022, the cheap electricity facility available to the export sector has ended from today. In this regard, the Ministry of Energy has issued a formal notification.

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