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July 19, 2021 LAHORE: The government generated Rs31.72 billion under the head of general sales tax on sugar while the Punjab government failed to implement the price of Rs85 per kg fixed by it. According to the official data available with The News, sugar millers sold 2.474 million metric tons sugar during December 2020 to May 2021. According to the sales tax returns filed by the sugar millers to the Federal Board of Revenue (FBR), the sugar millers declared that they sold Rs 174.285 billion worth of sugar during this time while average ex-m...

July 19, 2021 LAHORE: The government generated Rs31.72 billion under the head of general sales tax on sugar while the Punjab government failed to implement the price of Rs85 per kg fixed by it. According to the official data available with The News, sugar millers sold 2.474 million metric tons sugar during December 2020 to May 2021. According to the sales tax returns filed by the sugar millers to the Federal Board of Revenue (FBR), the sugar millers declared that they sold Rs 174.285 billion worth of sugar during this time while average ex-m...

July 19, 2021 LAHORE: The government generated Rs31.72 billion under the head of general sales tax on sugar while the Punjab government failed to implement the price of Rs85 per kg fixed by it. According to the official data available with The News, sugar millers sold 2.474 million metric tons of sugar during December 2020 to May 2021. According to the sales tax returns filed by the sugar millers to the Federal Board of Revenue (FBR), the sugar millers declared that they sold Rs 174.285 billion worth of sugar during this time while average e...

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 202...

ISLAMABAD: A total of 25 mobile shops have been set up in various areas of the Islamabad Capital Territory to provide essential items to the people at cheaper rates, an official of the ICT...