No tax imposed on wheat flour: FBR chief

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ISLAMABAD: Federal Board of Income (FBR) Chairman Syed Shabbar Zaidi on Tuesday clarified that there is no such thing as a tax imposed on wheat flour in any type, ARY Information reported.

“Govt has not imposed any tax on wheat flour,” he mentioned, including that the federal authorities has no function behind the present wheat flour disaster within the nation.

He mentioned that FBR suffered Rs200 billion loss in tax income as a result of decline in imports.

The FBR chief dominated out any variations with the advisor to Prime Minister Imran Khan on Finance and Income, Hafeez Sheikh.

It’s pertinent to say that the flour disaster within the nation has turn into acute, affecting main cities comparable to Karachi, Hyderabad, and Lahore with costs soar to Rs70 per KG in some areas.

Prime Minister Imran Khan, earlier, took discover of the wheat worth hike and ordered a crackdown on hoarders and profiteers to beat the disaster.

Learn Extra: Sugar costs disaster brewing in nation after wheat flour scarcity!!!

Sindh Chief Minister Syed Murad Ali Shah yesterday introduced that the authorities will overcome the wheat flour disaster in Sindh by Tuesday or Wednesday this week.

He mentioned 3,00,000 tons of wheat allotted to Sindh is being transported from Punjab and Balochistan.

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