The fluctuating value of the rupee and changes in duties and taxes have posed serious problems to overseas Pakistanis in sending remittances back home and receiving clearance for vehicles and other goods.
In order to put an end to the trouble faced by the overseas Pakistanis, a proposal has been floated for payment of the difference of Rs100,000 to Rs200,000 in customs duty in Pakistani rupees instead of dollars. Apart from this, the introduction of Electronic Import Form and Electronic Encashment Form is also being considered for the overseas Pakistanis.
However, the final decision will be taken by Prime Minister Imran Khan keeping in view a report to be received from the Federal Board of Revenue (FBR). In an attempt to tackle the problems being faced by the overseas Pakistanis due to the volatile exchange rate, the PM Office has sought a report from the FBR.
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