2024-07-09 18:21:02
(Owais Kayani) Prime Minister Shahbaz Sharif has made it clear that he has suspended the decision not to increase the basic tariff for consumers who use up to 200 units of electricity for only 3 months.
While giving a press conference in Islamabad, Shahbaz Sharif said that difficult decisions are necessary to save the country. It was said that the price of oil was going up in the world, but to avoid distrust, the economy was damaged by lowering the price of oil.
The Prime Minister said that electricity was used on 28,000 tube well connections in Balochistan but they did not pay the bills, which caused us a loss of 500 billion in 10 years. It will cost 55 billion and it will save 70 to 80 billion annually while the cost of farmers will also decrease.
Shahbaz Sharif said that the budget was criticized that the budget was made at the request of the IMF, there is no secret in doing a 3-year program with the IMF. He further said that the budget will certainly include taxes, but elite tax will be levied for the first time, real estate tax will be levied for the first time, which is likely to fetch 100 billion, more should be levied and next year will come with more preparations for real estate tax, land. Favoritism is done.
The Prime Minister said that tax was imposed on the salaried class, which they protested legitimately, they are giving a discount in electricity rates to consumers with 200 units for three months, up to 200 units, consumers will benefit from Rs. 4 to Rs. 7 per unit, Karachi. Protected users will also benefit from this.
There is 1200 billion rupees import tax evasion at the port of Karachi annually, the corruption of billions of rupees must be stopped in the country, PNSC has eleven ships and billions of rupees are spent on the export of goods through ships in Pakistan. 5 swarab is spent annually.
On the other hand, the federal government has sent the decision to Nepraco for Corelev consumers with up to 200 units per month. Consumers with 200 units per month will be exempted from the tariff increase for 3 months. The application will be for protected and non-protected consumers up to 200 units. Consumers with 200 units per month have been exempted from the tariff increase until July 2024, up to 200 per month. For this, the increase in electricity tariff will be applied from October 1, 2024, 50 billion rupees will be given from the federal development budget for additional tariff differential subsidy.
The government’s request for basic electricity tariff from Nepra will be heard tomorrow. Earlier, the cabinet had approved an increase for protected and non-protected consumers up to 200 units. An increase of Rs. 3.95 was approved in the tariff of protected consumers from one to 100 units, from 101 to 200 units per month. It was approved to increase the tariff of protected customers by 4.10 rupees, an increase of 7.11 rupees was approved in the tariff of unprotected customers from one to 100 units per month, an increase of 7.12 rupees was approved in the tariff of 101 to 200 units of unprotected customers per month. The tariff increase is proposed to be applied from July 1, 2024. The tariff per unit for Lifeline users up to 50 units per month will remain at Rs. 3.95, while the tariff per unit for Lifeline users from 51 to 100 units per month will remain at Rs.
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2024-07-09 18:21:02