Flour Price Hike Rs1300 Increase in 80kg Bags

Flour Price Hike Rs1300 Increase in 80kg Bags

As per details, the flour mill owners have jacked up the price of 80kg bags by Rs1300 in these districts.

In a separate development, the Naan Bai Association has called an emergency meeting over the rate of bread (roti).

Earlier, the federal government abolished a 5.5 percent advance income tax after successful talks with the flour mill owners.

Before this, the government formed a committee to negotiate with the flour mills association as they announced and held a strike against the advance income tax imposed in the budget 2024-25.

Flour price hits Rs2,200 per 20kg in Karachi

The negotiations successfully concluded, resulting in the abolition of the tax by the government and consequently the withdrawal of the strike by the mill owners.

It is pertinent to mention here that the flour mill owners held a three-day strike that led to the shortage of flour, particularly in Karachi.

The flour mill owners announced and held a strike on July 11 against the imposition of the tax in the budget 2024-25

The flour mill owners said that due to increasing electricity bills, they are already facing difficulties in running their business.