Sindh govt wants KE to collect Rs9 bn annually from customers for KMC
KARACHI: The Sindh government held a meeting with K-Electric and Karachi Metropolitan Corporation (KMC) on Wednesday asking the former to collect nine billion rupees annually from customers for the latter.
Sindh Energy Minister Imtiaz Sheikh, KMC Administrator Murtaza Wahab, Principal Secretary Sajib Jamal Abro, CEO K-Electric Moonis Alvi, Director KE Haris Jami and others were also present in the meeting in Karachi.
The meeting discussed about tax collection through KE bills for the KMC and DMCs.
Sindh Chief Minister Murad Ali Shah said that he wanted that collection of local taxes was done in a better way, in a bid to financially stabilise the local government organisations of Karachi.
“The KMC collects 13 different taxes and through the electricity bills it wants to collect two taxes – fire tax and conservancy tax,” he said adding that currently the KMC was collecting 210 million rupees from those two taxes annually.
Murad Ali Shah said the KE will collect from Rs100 to Rs200 in monthly bills from 2.56 million customers for the KMC. He said if the agreement got signed between the two entities then the KMC will receive Rs9 billion annually.
“This way the KMC would become financially strong and be able to work in a better way,” he said.
The Sindh Chief Minister will talk to the federal government, on agreement of K-Electric, to give legal permission to KE to collect KMC taxes.
Meanwhile, Murtaza Wahab has devised a complete mechanism regarding the tax collection. The administrator said that the fresh plan would be revolutionary for the KMC.
On July 30, Prime Minister Imran Khan had said reforms were underway to improve tax system, and consultation with all stakeholders would accelerate this process.
He had said this while chairing a meeting with presidents of all the main Chambers of Commerce in Islamabad.
The prime minister had directed the federal ministers to remain in contact with all the stakeholders and hold regular meetings with them to listen to their grievances and proposals.