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Decision to impose taxes on solar panel installers

News Desk
News Desk
Decision to impose taxes on solar panel installers

In a move that is likely to discourage the use of solar power in Pakistan, the government has decided to impose taxes on solar panel installers. The new tax will be levied on those who install 12 kW residential or commercial solar panels. The government has set a tax rate of Rs. 2,000 per kilowatt for residential and commercial solar users. This means that users who install a 12 kW solar panel will be charged Rs. 24,000 in taxes.

The decision to impose taxes on solar panel installers has been met with criticism from the solar industry. Industry experts argue that the tax will make solar power more expensive and discourage people from switching to solar energy. They also argue that the tax will hurt the growth of the solar industry in Pakistan.

The government has defended its decision to impose taxes on solar panel installers, arguing that it needs to generate more revenue to meet its fiscal targets. However, the government has also said that it is committed to promoting the use of solar power in Pakistan and that it will continue to provide incentives for solar power adoption.

It remains to be seen how the new tax will impact the adoption of solar power in Pakistan. However, the tax is likely to make solar power more expensive and could discourage some people from switching to solar energy.

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