Power Company ends instalment facility for current electricity bills.

LAHORE -- Lahore Electric Supply Company (LESCO) has ended the instalment facility for the current electricity bills, citing sources, ARY News reported on Friday.

Sources told ARY News that the new computer program has not provided the facility of the payment of the current electricity bills in instalments. In Lahore, electricity consumers could only get the instalment facility on delayed payments once in six months.

It was learnt that the bank will only accept the computerised instalment bill for receiving the payments. Sources said that the decision was taken to ensure 100 per cent recovery of the monthly bills.

Prior to the new decision, the electricity consumers could get the instalment facility on current bills for the whole year. Sources said that LESCO took the step toward privatisation of the company.

Earlier in the day, Finance Minister Miftah Ismail admitted imposing fixed GST on traders via electricity bills was a 'mistake'.

In his address to an event at the Pakistan Stock Exchange (PSX) in the Karachi, Miftah, the government was only demanded tax of Rs36,000 per anum from the traders, but admitted his mistake that the decision was taken...