Electricity distribution companies (DISCOs) are seeking increase in power tariffs after a recent court decision has made them liable for minimum tax.
The Lahore High Court recently ruled that Tariff Differential Subsidy should be considered part of the DISCOs turnover which would make it liable to minimum tax.
Lahore Electric Supply Compnay’s CEO has now written a letter to the power division asking for help to resolve the matter fairly so the companies do not face additional burden forcing them to raise tariffs.“We understand the challenges faced by the government in balancing fiscal responsibilities.
