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Penalty worth Rs44-billion imposed on Pakistan Sugar Mills Association

Penalty worth Rs44-billion imposed on Pakistan Sugar Mills Association
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

United statesUnited arab emiratesImran khanPakistan sugar mills associationCompetition commission of pakistanSugar inquiry commissionCompetition commissionCompetition actPrime minister imran khanஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது அரபு அமீரகங்கள்இம்ரான் காந்பாக்கிஸ்தான் சர்க்கரை ஆலைகள் சங்கம்போட்டி தரகு ஆஃப் பாக்கிஸ்தான்சர்க்கரை விசாரணை தரகுபோட்டி தரகு

Industry refuses to accept govt fixed sugar price

Industry refuses to accept govt fixed sugar price
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

North west frontierLahore high courtMinistry of industriesPakistan sugar mills associationPeshawar high courtவடக்கு மேற்கு எல்லைலாகூர் உயர் நீதிமன்றம்அமைச்சகம் ஆஃப் தொழில்கள்பாக்கிஸ்தான் சர்க்கரை ஆலைகள் சங்கம்பெஷாவர் உயர் நீதிமன்றம்

Import of 600,000 metric tons of sugar allowed

Import of 600,000 metric tons of sugar allowed July 29, 2021 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday decided to merge a summary tabled by the Ministry of Industries and Production for allowing import of 100,000 metric tons of sugar after knowing that the federal cabinet had approved the import of 600,000 metric tons of sugar in order to build up strategic reserves. Top officials told The News in the background discussions after the ECC meeting that the forum had earlier approved import of 200,000 metric tons of sugar but when this issue came under discussion in the federal cabinet this week, it was decided to add 300,000 to 400,000 metric tons more to it so that a total of 600,000 metric tons of sugar would be imported in totality in order to build up strategic reserves in the domestic market.

Muhammad mian soomroWaqar masoodShaukat tareenIshrat hussainReza baqirAbdul razak dawoodMinistry of industriesResearch syed fakhar imamPakistan sugar mills associationNational food securityMinistry of commerceEconomic coordination committeeFederal ministerForeign direct investmentFinance divisionPrivatisation muhammad mian soomro

ECC allows import of 600,000 metric tons of sugar

ECC allows import of 600,000 metric tons of sugar July 29, 2021 ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday decided to merge a summary tabled by the Ministry of Industries and Production for allowing import of 100,000 metric tons of sugar after knowing that the federal cabinet had approved the import of 600,000 metric tons of sugar in order to build up strategic reserves. Top officials told The News in the background discussions after the ECC meeting that the forum had earlier approved import of 200,000 metric tons of sugar but when this issue came under discussion in the federal cabinet this week, it was decided to add 300,000 to 400,000 metric tons more to it so that a total of 600,000 metric tons of sugar would be imported in totality in order to build up strategic reserves in the domestic market.

Muhammad mian soomroWaqar masoodShaukat tareenIshrat hussainReza baqirAbdul razak dawoodPakistan sugar mills associationEconomic coordination committeeMinistry of national food securityMinistry of industriesNational food securityResearch syed fakhar imamMinistry of commerceCotton price review committeeFederal ministerForeign direct investment

Sales tax on ex-mill price of sugar - Newspaper

LAHORE: The federal cabinet has decided to levy sales tax on the ex-mill price of sugar apparently in a bid to curtail the increase in retail price of the sweetener. The sales tax on sugar was already at its ex-mill rate. But in the budget for the year 2021-22, it was taken down to retail level. A member of the Pakistan Sugar Mills Association (PSMA) said the change in the levy of the sales tax from ex-mill to retail level led to a hike in the price of the commodity by around Rs0.85 to Rs1.0 per kg. Tuesday’s federal cabinet decision will only reverse this situation.

Iskander khanPakistan sugar mills associationPrime minister imran khanஇஸ்கண்தேர் காந்பாக்கிஸ்தான் சர்க்கரை ஆலைகள் சங்கம்ப்ரைம் அமைச்சர் இம்ரான் காந்