Medical equipment to be exempted from taxes

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The government has exempted import of 61 diagnostic support and personal protective equipment from all duties and taxes for a period of three months in order to reduce the rising prices in the domestic market.

The government has also allowed the use of non-utilised amount of the World Bank-funded projects worth $40 million for purchase of COVID-19 equipment.

The decision on duty waiver came through three different notifications issued by the Federal Board of Revenue.

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