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FBR Grants Rs81 Billion Tax Exemption to Poultry Feed Amid Rising Chicken Prices

  • FBR grants Rs81 billion sales tax exemption for poultry feed.
  • Exemption aims to promote affordability and ensure food security.
  • Covers poultry feed, cattle feed, and essential ingredients like sunflower seed meal.
  • Intended to lower production costs and stabilize poultry product prices.
  • Despite exemption, poultry meat prices have risen by 6.43 percent.
  • Concerns raised about whether benefits are reaching consumers.
  • Exemption part of government strategy to support agriculture and ease food inflation.
  • FBR may assess the impact of exemptions on consumer relief.

Source: pkrevenue.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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