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1.Increased VAT by 5% and this affected all items (through the decoupling of NHIL and GETFund Levies)
2.Luxury car tax
- 3% VAT flat rate
- COVID-19 tax
- Sanitation tax
- 5% National Fiscal Stabilization Levy (should have expired in December,2017 but was extended indefinitely making it a new tax)
- 2% component of Special Import Levy (extended beyond 2017 sunset clause making it a new tax)
- Increased ESLA by 30% and extended it for another 15 years
- Increased Communication service tax by 50%
- Increase the VAT Flat rate from 3% to 4%
- Financial Sector Levy of 5% on all Banks
- Price Stabilization and Recovery Levy on fuel increase by 40%
- The Unified Petroleum Pricing Formula has been increased by 164%
- BOST margin has increased from 3 Pesewas to 9 Pesewas representing 200% increase.
- The fuel marking margin levy has also been increased by another 233%
- Reversal of Benchmark Values discounts which will lead to a 25-30% increase in prices of imported items.
- Electronic Transactions Levy which will affect Momo,Bank Transfers,Merchant Payments and Inward Remmitances.
- 15% in All government fees and charges.
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