Karachi-Pakistan media report that President Asif Ali Zardi signed into law a new ordinance that removes the sales tax exemption for fertilizers, imposing a 17 percent tax. The Federal Board of Revenue said removal of the sales tax exemption, along with the removal of exemptions in other areas, is expected to raise Rs 53 billion (US$621 million) for the cash-strapped country.
Transparency Across the Fertilizer Value-Chain