ISLAMABAD – With only few hours remaining in the announcement of Federal budget 2014-15, the leaks have started pouring out from the power corridors of federal capitalaccording to which all air-conditioned grocery stores will be bound to pay taxes.
According to the sources privy to federal finance ministry, the budget speech would likely to begin Tuesday’s afternoon around 5 pm.
The source also revealed that a recommendation to include all air-conditioned grocery stores in tax net was made which would likely to be the part of budget.
Moreover, government had considered to continue tax relief of medicine. However, the tax on paint, varnish, electronic goods, cosmetic goods and other luxury items would be increased.
PakistanTribe will keep its viewers updated with all the budget offerings as it happens. Keep visiting www.pakistantribe.com