Challenges Mount for Pakistan’s Cement Industry Amidst Tax Hikes and Export Surge
July 15, 2024
The government has increased the withholding tax to 2.5 percent for non-filers under Section 236H of the Finance Act 2024 which has made the cement business unsustainable given the current market conditions besides the new turnover taxes imposed on dealers and retailers. All Pakistan Cement Dealers Chairman Sajid Chaudhry highlighted concerns that taxes and PoS […]
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May 2024 Cement Exports Soar Prices Surge in Pakistan
June 11, 2024
The price of a cement bag witnessed an increase of Rs115 in a month. The price of a cement bag is up by Rs10, taking the rate of cement bag to Rs1,060 in Sindh including Karachi. In Punjab and KP the price of a cement bag has reached Rs1,260 after a rise of Rs15 per […]
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