“We have provided relief package to the tune of Rs1.2 trillion as it did not incorporate tax relief provided through abolishing/reducing taxes on pulses and palm oil,” Federal Minister for Economic Affairs Hammad Azhar told The News when asked about the exact financial impact of relief package announced by premier here. He said the reduction in Petroleum Levy on POL products would cost the government Rs75 billion over the next three months. He also claimed that the electricity bill through three instalment payment and gas bill in instalments would have cost of Rs70 billion and Rs30 billion for power and gas companies as their cash receipts would face disruptions..
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