BR100 Decreased By (-0.64%)
BR30 Decreased By (-0.9%)
KSE100 Decreased By (-0.52%)
KSE30 Decreased By (-0.52%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.36 Increased By ▲ 0.01 (0.23%)
BML 55.11 Decreased By ▼ -1.06 (-1.89%)
BOP 29.95 Decreased By ▼ -0.17 (-0.56%)
CNERGY 12.78 Decreased By ▼ -0.20 (-1.54%)
CSIL 5.28 Decreased By ▼ -0.03 (-0.56%)
FCCL 51.07 Decreased By ▼ -0.58 (-1.12%)
FFL 14.34 Decreased By ▼ -0.15 (-1.04%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.56 Decreased By ▼ -0.28 (-4.79%)
LOTCHEM 26.01 Decreased By ▼ -0.16 (-0.61%)
MLCF 89.20 Decreased By ▼ -2.03 (-2.23%)
NBP 162.20 Decreased By ▼ -1.99 (-1.21%)
NCPL 52.27 Decreased By ▼ -0.91 (-1.71%)
NPL 57.99 Decreased By ▼ -1.13 (-1.91%)
OGDC 312.73 Decreased By ▼ -0.66 (-0.21%)
PACE 9.65 Decreased By ▼ -0.12 (-1.23%)
PAEL 34.90 Decreased By ▼ -0.34 (-0.96%)
PIBTL 14.44 Decreased By ▼ -0.27 (-1.84%)
PPL 218.65 Decreased By ▼ -2.71 (-1.22%)
PRL 91.35 Increased By ▲ 0.13 (0.14%)
PTC 58.70 Decreased By ▼ -0.49 (-0.83%)
SSGC 22.98 Decreased By ▼ -0.32 (-1.37%)
TBL 8.63 Decreased By ▼ -0.12 (-1.37%)
TELE 7.43 Decreased By ▼ -0.18 (-2.37%)
TPL 21.28 Decreased By ▼ -0.75 (-3.4%)
TPLP 12.10 Decreased By ▼ -0.46 (-3.66%)
TREET 21.68 Decreased By ▼ -0.05 (-0.23%)
TRG 55.02 Decreased By ▼ -0.77 (-1.38%)
By

ISLAMABAD: The government, in order to ensure reasonable reduction in the sugar price, on Monday decided to reverse the sales tax to the ex-mill rate till November 30, 2021. The decision was taken during a meeting chaired by Prime Minister Imran Khan to review the prices of essential commodities, the PM Office Media Wing said in a press release.

The meeting was attended by Minister for Finance Shaukat Tarin, Minister for Industries and Production Khusru Bakhtiar, PM's Advisor on Accountability Mirza Shahzad Akbar, PM's Special Assistant on Social Protection Dr Sania Nishtar and senior officials. Chief secretaries of Punjab and Khyber Pakhtunkhwa attended the meeting through video link.

The meeting also decided that the ministries of industries and finance would review the future requirement of sugar and its import. The prime minister directed the chief secretaries for suitable fixation of prices of essential daily items and ensure their implementation.

It was also decided to take strict action against the negligent officials concerned. For the fixation of proper price of edible oil, it was decided to frame a system. The prime minister also directed for early finalisation of legislation over the data sharing of necessary daily use items.

Comments

Comments are closed for this article.