Budget 2021-22; govt. proposes reduction of FED on telecom services

Budget 2021-22; govt. proposes reduction of FED on telecom services

ISLAMABAD, Jun 11 (APP): Federal Minister for Finance and Revenue Shaukat Tarin on Friday proposed reduction of Federal Excise Deputy (FED) on telecom services.

In his budget speech at National Assembly, the minister said that to facilitate businesses and provide relief to the general masses, rate of federal excise duty on telecommunication is proposed to be reduced from 17% to 16%.

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