AC, refrigerator to become costlier
The government has proposed imposing a 7.5 percent value added tax (VAT) on air conditioners while a 7.5 percent VAT on refrigerators and freezers.
Finance Minister Abul Hassan Mahmood Ali placed the proposal in his budget speech on Thursday.
At present, there is no VAT on air conditioners (AC) while it is 5 percent for refrigerators and freezers.

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