May 30, 2011

Govt urged to reduce tax on farm inputs


STAFF REPORT HYDERABAD: Abdul Majeed Nizamani, President of Sindh Abadgar Board, said that the imposition of 17 percent sales tax and 1-2.5 percent special excise duty on almost all agricultural inputs has started pushing up the prices of inputs thus making the farmers unable to pur
chase them.

While talking to the media here, he said that urea price in last January was Rs 1040 per bag. It was fixed at Rs 1175 per bag in March and jumped to Rs 1245 per bag in April. He urged the government to undo its decisions that the agriculture could grow further.

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