Gov’t exempts sales tax on import of sugar

News Image

By MG News | August 21, 2020 at 09:55 AM GMT+05:00

0:00

Aug 21, 2020 (MLN): The Federal government has exempted the whole of sales tax on the import of 300,000 metric tons of white sugar by the Trading Corporation of Pakistan (TCP).

According to the notification (SRO 751) issued by the Federal Bureau of Pakistan (FBR), the government exempted sales tax of 17% on import of sugar to lower the price of sweetener for masses.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,525.00 112,170.00
111,420.00
-720.00
-0.64%
BRENT CRUDE 70.15 70.22
69.91
-0.04
-0.06%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.30 68.39
68.04
-0.08
-0.12%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 10, 2025 at 06:22 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 09, 2025 at 11:58 PM GMT+05:00

Auction Result: Govt raises Rs1.5tr through T-bills


July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


July 09, 2025 at 05:26 PM GMT+05:00

UBL crowned top performing Primary Dealer in FY25



Top 5 things to watch in this week

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