October 17, 2022

Pakistan urged to abrogate 35% tax on grandparent chick

 

Industry players in Pakistan have demanded that the government should abolish a 35% tax imposed on grandparent chick.

Tax on import of mineral vitamins should be reduced so that poultry and eggs can be made affordable to the masses, Rawalpindi Chamber of Commerce and Industry (RCCI) president Saqib Rafiq and Pakistan Poultry Association chairman Chaudhry Mohammad Ashraf argued.

Rafiq said the volume of poultry industry in Pakistan had exceeded Rs1,200 billion. The poultry sector generates employment and provides source of income to more than 1.5 million people in Pakistan directly and indirectly, he added.

He said Pakistan was included in countries where severe stunting in young children was found, and an increased consumption of eggs can help overcome this issue.

The poultry industry can be further developed by reducing the tax imposed on feed and machinery, he added.

Ashraf said that the poultry industry was suffering due to the increase in production costs and heavy taxes. He said the poultry sector is playing an important role in alleviating malnutrition in Pakistan.

- Dawn