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Record jump in DAP price nullifies impact of govt's subsidy on fertiliser

Record jump in DAP price nullifies impact of govt’s subsidy on fertiliser
July 29, 2021
LAHORE: The price of di-ammonium phosphate (DAP) fertiliser has jumped to a record high of Rs6,000 per bag, fully nullifying the impact of Rs1,000 subsidy announced by the government within a few months, industry officials said on Wednesday.
The ascending price of DAP, which is one of the important nutrients after widely used urea fertiliser, will further imbalance its use due to growing disparity with other chemical fertilisers. With low application, the DAP is already being used disproportionately by local farmers due to its high cost. ....

Imran Khan , Engro Corporation , Fertilizer Manufacturers Of Pakistan Advisory Council , Economic Coordination Committee , Prime Minister Imran Khan , Fertilizer Manufacturers , Pakistan Advisory Council , இம்ரான் காந் , பொருளாதார ஒருங்கிணைப்பு குழு , ப்ரைம் அமைச்சர் இம்ரான் காந் , உரம் உற்பத்தியாளர்கள் ,

Tax issues can cause urea price hike

Stakeholders of fertiliser industry said that they will be forced to increase prices if the budget failed to address the longstanding issues. ....

Tariq Khan , Muhammad Shahroz , Fertiliser Manufacturers Of Pakistan Advisory Council , Ministry Of Industries , Ministry Of National Food Security , Finance Minister Shaukat Tarin , Fertiliser Manufacturers , Pakistan Advisory Council , Chairman Tariq Khan , Federal Board , National Food Security , Income Tax Ordinance , Finance Bill , Express Tribune , Insight Securities , Habib Limited Head , Research Tahir Abbas , தாரிக் காந் , அமைச்சகம் ஆஃப் தொழில்கள் , அமைச்சகம் ஆஃப் தேசிய உணவு பாதுகாப்பு , உரம் உற்பத்தியாளர்கள் , தலைவர் தாரிக் காந் , கூட்டாட்சியின் பலகை , தேசிய உணவு பாதுகாப்பு , வருமானம் வரி ஆர்டிநந்ஸ் , நிதி ர சி து ,

IMF programme to continue without interruption: Tarin

IMF programme to continue without interruption: Tarin
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

Triq Khan , International Monetary Fund , Fund Facility , Fertilizer Manufacturers Of Pakistan Advisory Council , Minister Shaukat Tarin Monday , Extended Fund Facility , Shaukat Tarin Monday , Fertilizer Manufacturers , Pakistan Advisory Council , Federal Board , சர்வதேச பண நிதி , நிதி வசதி , நீட்டிக்கப்பட்டது நிதி வசதி , உரம் உற்பத்தியாளர்கள் , கூட்டாட்சியின் பலகை ,

Fertilizer Industry Demands Payment of Subsidy Dues and Rationalization of GST in Upcoming Budget

The fertilizer industry has asked the federal government to clear its pending refunds of Rs. 57 billion. Out of these refunds, Rs. 19.217 billion are from ....

Shaukat Tarin , Fertilizer Manufacturers Of The Pakistan Advisory Council , Fertilizer Manufacturers , Pakistan Advisory Council , Federal Minister , ஷௌுகத் தாரின் , உரம் உற்பத்தியாளர்கள் , கூட்டாட்சியின் அமைச்சர் ,

Fertiliser industry asks govt to rationalise GST, release Rs57bln refunds

Fertiliser industry asks govt to rationalise GST, release Rs57bln refunds
Business
May 27, 2021
LAHORE: Fertiliser industry has urged the federal government to clear its pending refunds of Rs57 billion and provide relief to the sector in its upcoming budget by rationalising general sales tax (GST) for ease of doing business.
The industry also demanded for rationalising of input-output adjustment formula of the GST. Presently, fertiliser manufacturers are paying input at 5-17 percent of GST rate and collecting GST on output at 2 percent. This was resulting in approximately Rs7 to Rs8 billion annual unadjusted input sales tax for the sector.
According to the budget proposals sent to the Federal Minister for Finance Shaukat Tarin by the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC), the industry was being haunted by cash flow challenges and associated financial cost due to the pending dues with the federal government. ....

Shaukat Tarin , Fertilizer Manufacturers Of Pakistan Advisory Council , Federal Minister , Finance Shaukat Tarin , Fertilizer Manufacturers , Pakistan Advisory Council , Finance Act , ஷௌுகத் தாரின் , கூட்டாட்சியின் அமைச்சர் , உரம் உற்பத்தியாளர்கள் , நிதி நாடகம் ,