The PSMA has refused to accept the new official ex-mill rate, terming the government decision erroneous. Photo courtesy Umair Ali/File
LAHORE: The Pakistan Sugar Mills Association (PSMA) has refused to sell the sweetener at new ex-mill rates announced by the government.
The Controller-General of Prices, Ministry of Industries and Production, had announced on Friday Rs70.42 per kg as the ex-mill rate of sugar, claiming the rate was determined on the basis of the tax returns filed by the sugar mills regarding the sale of the sweetener during the six-month period – from Dec 2020 to May 2021.
The notification issued by the Controller-General fixed the per kg retail price of white crystalline sugar at Rs88.28 after including 17 percent sales tax, ancillary costs, profits of wholesaler and retailers. It directed the provincial authorities to implement the rates under SRO F.No 1(7)/2005-CA, Vol-III, dated Aug 14, 2006, and to take action against the mills, dealers, distributors and r
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The petitioner pointed out that Transparency International had highlighted corruption in NBP and its branches abroad were being closed down. Photo courtesy IHC website/File
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday set aside appointments of president of the National Bank of Pakistan Arif Usmani and chairman of its board of directors Zubair Soomro.
Justice Mohsin Akhtar Kayani on June 11 had reserved the verdict on a petition challenging the Jan 12, 2019 notification of these appointments.
The petition was filed by Syed Jahangir and others, who cited Establishment Division, Finance Ministry, State Bank of Pakistan and Arif Usmani as respondents in the case.
CM orders factories to be shifted to Mohmand Marble City
June 30, 2021
PESHAWAR: Chief Minister Mahmood Khan on Tuesday directed the officials concerned to accelerate the shifting of the marble factories from Warsak Road, Malagori and Shabqadar to the newly established Mohmand Marble City (Mohmand Economic Zone).
He issued the directives while presiding over the 7th meeting of the Board of Directors of Khyber Pakhtunkhwa Special Economic Zones Authority (KPSEZA), said a handout.
Special Assistant to CM on Industries Abdul Karim Khan and other board members attended the meeting.
The board agreed to the proposed Standard Operating Procedures (SOPs) for Special Economic Zones Authority and approved submission of the same to the Board of Investment, Islamabad for final approval.
Mohmand Marble City gets special economic zone status - Pakistan dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.