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Millers say flour price likely to go up next month - Newspaper

Owners of mills here have warned that price of 20kg flour will go up by up to Rs90 from first week of July due to increase in various taxes in the federal budget. Reuters/File PESHAWAR: Owners of mills here have warned that price of 20kg flour will go up by up to Rs90 from first week of July due to increase in various taxes in the federal budget. All Pakistan Flour Mills Association, Khyber Pakhtunkhwa, leader Naeem Butt said in a statement here on Thursday that the turnover tax had been increased from 0.25 per cent to 1.25 per cent with effect from July 1 and the sales tax on bran had been imposed at 17 per cent which would also be implemented from the same date.

The dwindling trade with Iran - Newspaper

The border trade points operate only three days a week. Photo by writer THE authorities have started to fence the 900-kilometre border with Iran in Balochistan. I was recently in Mashkhel, a remote border town in western Balochistan’s impoverished Washuk district, to take a first-hand look at Pakistan-Iran trade. The purpose of my visit was to educate myself about the measures that can be taken to improve the lot of people living on the Pakistan side of the border as they are dependent on bilateral trade and are the ultimate sufferers when the government steps in to restrict trade by invoking the US sanctions against Iran.

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