ISLAMABAD: Federal government has silently include two new taxes in electricity bills for the month of July.
The Federal government introduced Financial Cost Surcharge (FCS) and Tariff Rationalization in the electricity bills.
While the Lahore High Court had declared as illegal the recovery of surcharges, like Equalisation Surcharge, Debt Servicing Surcharge, Universal Obligation Fund Surcharge and Neelam Jhelum Surcharge, under electricity bills and directed the federal government to refund the amount collected under the heads of surcharges, last week.
People in Karachi received 15 to 20 percent increased electricity bills of July as compare to June. While ministry of water and power said that these new taxes would not affect residential consumers.