AIRLINK 71.88 Decreased By ▼ -2.22 (-3%)
BOP 5.02 Increased By ▲ 0.02 (0.4%)
CNERGY 4.41 Increased By ▲ 0.07 (1.61%)
DFML 29.23 Decreased By ▼ -0.31 (-1.05%)
DGKC 83.00 Decreased By ▼ -0.55 (-0.66%)
FCCL 22.41 Decreased By ▼ -0.02 (-0.09%)
FFBL 34.37 Decreased By ▼ -0.53 (-1.52%)
FFL 10.13 Increased By ▲ 0.26 (2.63%)
GGL 10.25 Increased By ▲ 0.25 (2.5%)
HBL 113.35 Increased By ▲ 1.35 (1.21%)
HUBC 141.00 Increased By ▲ 3.31 (2.4%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.43 Increased By ▲ 0.03 (0.68%)
KOSM 4.53 Decreased By ▼ -0.06 (-1.31%)
MLCF 38.31 Decreased By ▼ -0.24 (-0.62%)
OGDC 135.39 Decreased By ▼ -1.21 (-0.89%)
PAEL 26.91 Increased By ▲ 1.77 (7.04%)
PIAA 25.98 Decreased By ▼ -0.53 (-2%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 122.86 Decreased By ▼ -2.54 (-2.03%)
PRL 28.12 Decreased By ▼ -0.09 (-0.32%)
PTC 13.95 Decreased By ▼ -0.35 (-2.45%)
SEARL 55.60 Increased By ▲ 1.00 (1.83%)
SNGP 70.36 Decreased By ▼ -0.84 (-1.18%)
SSGC 10.45 Decreased By ▼ -0.05 (-0.48%)
TELE 8.64 Increased By ▲ 0.12 (1.41%)
TPLP 11.04 Increased By ▲ 0.10 (0.91%)
TRG 61.49 Increased By ▲ 0.79 (1.3%)
UNITY 25.26 Decreased By ▼ -0.07 (-0.28%)
WTL 1.29 Increased By ▲ 0.03 (2.38%)
BR100 7,662 Decreased By -2.3 (-0.03%)
BR30 25,150 Increased By 124.4 (0.5%)
KSE100 73,122 Increased By 357.9 (0.49%)
KSE30 23,744 Decreased By -31.8 (-0.13%)
Print Print 2020-04-06

PFMA KP urges govts to exempt flour industry from taxes

Pakistan Flour Mills Association Khyber Pakhtunkhwa (PFMA-KP) chapter demanded of the federal and provincial government to exempt flour industry from all taxes amid outbreak of the novel coronavirus pandemic in the province.
Published 06 Apr, 2020 12:00am

Pakistan Flour Mills Association Khyber Pakhtunkhwa (PFMA-KP) chapter demanded of the federal and provincial government to exempt flour industry from all taxes amid outbreak of the novel coronavirus pandemic in the province.
In a statement issued here on Sunday, PFMA KP chapter chairman, Hajji Muhammad Iqbal said that flour industry is adversely affected by recent outbreak of coronavirus pandemic. So, he appealed the Prime Minister Imran Khan and Chief Minister Mahmood Khan, Minister for Food and Agriculture, provincial food department and relevant authorities to waive off income tax on head of electricity bill and other extra taxes.
The Association president said despite wheat shortage and crisis, the flour mills industry is continuously supplied flour in local market to avoid any shortage of this food commodity in the province. He said the labour is working in flour industry insignificant number owing to outbreak of coronavirus pandemic.
However, he said flour industry has arranged additional labour to run the mills around the clock to ensure availability of huge quantum of flour to people in local markets and fulfill the food commodity requirement and prevent from creating any flour crisis in the province.
On the occasion, PFMA KP chapter group leader, Muhammad Naeem Butt said the flour mills owners have ensured sufficient production of flour despite the wheat shortages and crisis.
He said the cutting of fresh wheat began in Sindh, saying that wheat is available in Sindh in sufficient quantity, therefore, KP flour mills should allow to procure wheat from Sindh immediately. In this regard, he urged the federal and provincial government to remove hurdles in procurement of new wheat from Sindh and relief to flour industry by exemption from taxes at optimal level.

Copyright Business Recorder, 2020

Comments

Comments are closed.