Pakistan faces a potential fuel crisis as the Pakistan Petroleum Dealers Association (PPDA) announces plans for a nationwide strike starting July 5. The strike, which would close petrol pumps across the country, comes in response to a new 0.5 percent advance turnover tax imposed by the government.
PPDA Chairman Abdul Sami Khan voiced concerns at a recent press conference, stating that the new tax would severely impact the already struggling petrol pump industry. Khan emphasized that fuel dealers currently operate on thin profit margins, and the additional tax burden would make it nearly impossible to continue operations amid high inflation.
“We’re already facing challenges due to the current economic situation,” Khan said. “If this tax isn’t removed, we’ll have no choice but to shut down our businesses.”
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The PPDA, representing 14,000 fuel dealers, has given the government a four-day ultimatum to abolish the advance income tax. If their demands are not met, the association warns of “harsh measures” beginning July 5.
Khan reported that attempts to discuss these issues with the finance minister have been unsuccessful, leaving the association with limited options.
The strike threat raises concerns about potential fuel shortages and economic disruptions if a resolution is not reached promptly. As negotiations continue, both the government and consumers await the outcome, hoping to avoid a nationwide fuel crisis.
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