Pakistan decided to change the sugar sales tax to the ex-factory tax rate

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  • PM Imran Khan presided over the meeting to review the prices of basic commodities.
  • The government decided to change the sugar sales tax to the ex-factory tax rate.
  • The reversal will continue until November 30 this year.

Islamabad: The government has decided to change the sugar sales tax to the ex-factory price before November 30 this year to ensure a reasonable reduction in sugar prices.

The decision was made at a meeting chaired by Islamabad Prime Minister Imran Khan to review the prices of basic commodities.

The meeting also decided that the Ministry of Industry and the Ministry of Finance will review the future demand for sugar and its imports.

read more: ECC approves increase in prices of necessities

The Prime Minister instructs the Chief Secretary to appropriately determine the prices of daily necessities and ensure their implementation.

It also decided to take severe action against the negligent officials. In order to determine the reasonable price of edible oil, it was decided to establish a system.

The Prime Minister also instructed the early completion of legislation on data sharing of essential daily necessities.

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