Govt decides to reverse sales tax on sugar to ex-mill rate till Nov 30

News Image

MG News | July 23, 2021 at 08:54 AM GMT+05:00

0:00

July 23, 2021: The government, in order to ensure reasonable reduction in sugar price has decided to reverse the sales tax to the ex-mill rate till 30th November this year.

The decision was taken during a meeting in Islamabad chaired by Prime Minister Imran Khan to review prices of essential commodities.

The meeting also decided that ministries of industries and finance would review the future requirement of sugar and its import.

The prime minister directed the chief secretaries for suitable fixation of prices of essential daily items and ensure their implementation.

It was also decided to take strict action against the negligent concerned officials. For the fixation of proper price of edible oil, it was decided to frame a system.

The prime minister also directed for early finalization of legislation over the data sharing of necessary daily use items.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 185,057.83
215.80M
0.48%
883.35
ALLSHR 111,198.99
737.64M
0.43%
473.52
KSE30 56,808.99
106.85M
0.61%
346.11
KMI30 262,806.58
83.35M
0.67%
1756.35
KMIALLSHR 71,591.94
246.19M
0.51%
360.96
BKTi 53,634.85
44.18M
0.76%
405.81
OGTi 38,885.41
12.11M
0.76%
294.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,245.00 78,480.00
74,785.00
-5860.00
-6.97%
BRENT CRUDE 66.16 68.83
65.45
-3.16
-4.56%
RICHARDS BAY COAL MONTHLY 90.00 0.00
0.00
-0.90
-0.99%
ROTTERDAM COAL MONTHLY 100.25 100.25
100.25
-3.15
-3.05%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 62.03 64.74
61.39
-3.18
-4.88%
SUGAR #11 WORLD 14.19 14.28
14.13
-0.08
-0.56%

Chart of the Day


Latest News
February 02, 2026 at 04:53 PM GMT+05:00

PKR remains flat against USD


February 02, 2026 at 04:35 PM GMT+05:00

January inflation rises by 5.8%


February 02, 2026 at 04:29 PM GMT+05:00

Govt borrows Rs300bn debt in a week


February 02, 2026 at 04:24 PM GMT+05:00

M2 rises by Rs122bn in a week



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg