Wednesday, August 23rd, 2017
Home »Taxation » Pakistan » Punjab government decides to pay Rs 6 billion sales tax on agriculture tube-wells
Chief Minister Punjab Muhammad Shahbaz Sharif Punjab has said that the government has decided to pay sale tax of more than six billion rupees on agriculture tube-wells for improving the living standard of small cultivators. He said our government has given Special Kisaan Package worth billions of rupees for the development of farmers and agriculture.

We have laid the foundation of Green Revolution through this Kisaan Package and every penny of it is being disbursed for the welfare of cultivators and increasing per acre productivity. This package has left positive impact on agriculture sector and farmers are being provided with their due rights through Kisaan Package.

He said the agricultural sector is of paramount importance in national economy so development of this sector at sustainable basis and affluence of farmers is our mission. Each conceivable resource for promotion of agriculture is being utilized and steps are being taken on priority basis for the prosperity and welfare of small farmers, he added.

Talking to a delegation of PML (N), here on Sunday the CM said it is the need of the hour to modernize agricultural sector and furnish it with most recent patterns to make farmers well-off.

He said Pakistan is an agrarian country as its soil is exceptionally rich and there exists tremendous potential in farming segment which should be used for the best. Development and progress of farmers is his first priority as prosperous farmers are assurance to developed Pakistan.

He said a substantial sum of Rs 140.50 billion has been allocated in next fiscal year for agriculture, irrigation, livestock, forests, fisheries and food while overall reduction in fertilizer prices will be maintained for farmers' prosperity. He said it is our responsibility to take every administrative and financial step for the well-being of farmers. We will establish agricultural economy on stable basis and make the farmers independent by helping them stand on their own feet, he vowed. For the first time in the history, farmers are provided with interest free loans and landless farmers will likewise get advantage from this milestone program besides the process of acquiring loan will be made easy through computerized system.

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