Customs duty on 61 items related to Corona pandemic has been abolished

Important provisions were made in the budget under the Corona Package

According to the Baaghi TV report: Duties and taxes on corona and cancer diagnostic kits have been abolished in the budget for the financial year 2020-21.Customs duty on life-saving drug Magellan Anti-Moneti has been abolished. Customs duty on ready-to-use supplementary food has also been abolished.
A package of Rs. 120 billion has been given to provide relief to the weaker sections. He said that people should strictly follow the precautionary measures as there is a danger of rapid spread of the virus in the coming days which could lead to increase in deaths. Prime Minister Imran Khan said that he has decided that he will personally monitor the implementation of SOPs across the country and information will be collected on a daily basis in this regard, streets, neighborhoods, markets, factories, mosques, transport. There will be monitoring of every area and sector including parks and offices, where action is taken against SOPs, immediate action will be taken and the concerned area or department will be closed. He said that the administration would take strict action and the volunteers of Corona Relief Tiger Force would assist the administration in this regard. The Prime Minister said that the government was aware of the problems of the health workers fighting on the front line against Corona, all possible resources would be utilized for their convenience and a special package was also being prepared for them. He said that data managers would be appointed in hospitals across the country who would provide accurate and timely information about the status of patients and facilities there.

Pakistan Tehreek-e-Insaf (PTI) government has abolished customs duty on 61 items related to the corona pandemic in the budget for the financial year 2020-2021. The exemption from customs duty was to expire on June 20.

The federal government has announced in the new budget to reduce taxes for various industries and reduce customs duties, while imposing federal excise duties on various items. In the budget for the next financial year, sales tax for shopkeepers will be increased from 14 to 12 percent. Has been suggested. Holding tax has been waived for the provision of affordable housing. The requirement of school fees for taxpayers has been abolished. Speaking on the budget for the next financial year, Federal Minister for Industries and Production Hamad Azhar said that 2% ACD on edible oil and oilseeds has been abolished under the Prime Minister’s Relief Fund.

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