Govt earning undue profit on petroleum products: PEW
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Nobility should be forced to pay taxes to win war against terror
The Pakistan Economy Watch (PEW) on Sunday said unjustified taxes on fuel continue to hurt masses and economy therefore the same should be reduced.
High prices of fuel has become an incentive for smugglers who are thriving on low prices of oil and gas in Iran and Afghanistan, it said.
Border arrangements have failed to deter the smugglers as fifteen to twenty percent petrol consumed in Pakistan is said to be smuggled from neighbouring countries, said Dr. Murtaza Mughal, President PEW.
He said that smuggling of LPG continue to increase grabbing around thirty percent of the local market putting survival of local producers at stake as involvement of big fish cannot be ruled out.
