The government of Pakistan has imposed a ban on the import of luxury items!
As reported, the federal government on Wednesday decided to impose a ban on the import of non-essential and luxury items amid the continuous depreciation of the rupee and an unsettling economic crisis.
The directives to impose the ban were given by PM Shehbaz Sharif with immediate implementation.
PM has ordered to ban the import of luxury vehicles and other non-essential items, including cosmetics.
The government aims to control the depreciation of money will be controlled by imposing a ban on the import of luxury items.
On the other hand, the Federal Board of Revenue (FBR) has submitted a proposal to increase duty on a few items.
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