Fixed Tax of Up to Rs. 450 Per Month For Electricity Consumers On the Cards

The government team is gearing up to meet with the International Monetary Fund (IMF) in a few days to discuss the possibility of lowering tariffs for industry by up to 11.75 cents per unit from 14 cents per unit without offering any subsidy. If approved and executed, this would impose a flat tax of Rs. 50 to Rs. 450 per month on lifeline and protected consumers, reported Business Recorder. The Power Division proposed: The Power Division contends that the implementation of fixed charges and a reduction in variable tariffs would also encourage higher usage.