Chicken Egg Prices Should Get Down Now: Ishaq Dar

ChickenIslamabad: Federal Finance Minister of Pakistan Ishaq Dar said that chicken egg prices should get down now as it should meet with the standard rate of 4 June. 100% benefit of sales tax on oilseed and poultry feed will only be given to users, spokesperson of Federal Board of Revenue (FBR) added.

However, government has taken back proposal of implementation of sales tax of 5% on poultry feed but poultry businessmen had already increased 70% rates on chicken before implementation of sales tax which was about to apply from 1st July. Spokesperson Inland Revenue-FBR. Mr. Shahid Hussain Asad has expressed hope while saying that after effective step of government of taken back of proposal of increase in sales tax, poultry industry will meet with the standard rates of chicken at which chicken was being selling before 5th June.

It is to remember that at the event of Christmas in western countries, all of the shopkeepers, factory owners, businessmen and traders used to decrease rates on important items so that poor people who could not afford these important items on special occasion can buy them. But in Pakistan which is known as Islamic country, most of the businessmen increases rates on the special occasion in order to earn profit due to which lots of people suffer.

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