AGL 38.89 Increased By ▲ 0.87 (2.29%)
AIRLINK 208.00 Increased By ▲ 10.64 (5.39%)
BOP 9.60 Increased By ▲ 0.06 (0.63%)
CNERGY 6.38 Increased By ▲ 0.47 (7.95%)
DCL 9.10 Increased By ▲ 0.28 (3.17%)
DFML 37.70 Increased By ▲ 1.96 (5.48%)
DGKC 98.60 Increased By ▲ 1.74 (1.8%)
FCCL 35.70 Increased By ▲ 0.45 (1.28%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.76 Increased By ▲ 0.59 (4.48%)
HUBC 129.45 Increased By ▲ 1.90 (1.49%)
HUMNL 13.61 Increased By ▲ 0.11 (0.81%)
KEL 5.43 Increased By ▲ 0.11 (2.07%)
KOSM 7.30 Increased By ▲ 0.30 (4.29%)
MLCF 45.22 Increased By ▲ 0.52 (1.16%)
NBP 60.74 Decreased By ▼ -0.68 (-1.11%)
OGDC 219.30 Increased By ▲ 4.63 (2.16%)
PAEL 40.99 Increased By ▲ 2.20 (5.67%)
PIBTL 8.52 Increased By ▲ 0.27 (3.27%)
PPL 198.62 Increased By ▲ 5.54 (2.87%)
PRL 39.70 Increased By ▲ 1.04 (2.69%)
PTC 27.50 Increased By ▲ 1.70 (6.59%)
SEARL 108.20 Increased By ▲ 4.60 (4.44%)
TELE 8.60 Increased By ▲ 0.30 (3.61%)
TOMCL 35.91 Increased By ▲ 0.91 (2.6%)
TPLP 13.70 Increased By ▲ 0.40 (3.01%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.25 Increased By ▲ 0.28 (0.85%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 12,020 Increased By 293 (2.5%)
BR30 37,302 Increased By 925.2 (2.54%)
KSE100 112,521 Increased By 3008.3 (2.75%)
KSE30 35,490 Increased By 976.3 (2.83%)
Print Print 2020-04-06

PFMA KP urges govts to exempt flour industry from taxes

Pakistan Flour Mills Association Khyber Pakhtunkhwa (PFMA-KP) chapter demanded of the federal and provincial government to exempt flour industry from all taxes amid outbreak of the novel coronavirus pandemic in the province.
Published 06 Apr, 2020 12:00am

Pakistan Flour Mills Association Khyber Pakhtunkhwa (PFMA-KP) chapter demanded of the federal and provincial government to exempt flour industry from all taxes amid outbreak of the novel coronavirus pandemic in the province.
In a statement issued here on Sunday, PFMA KP chapter chairman, Hajji Muhammad Iqbal said that flour industry is adversely affected by recent outbreak of coronavirus pandemic. So, he appealed the Prime Minister Imran Khan and Chief Minister Mahmood Khan, Minister for Food and Agriculture, provincial food department and relevant authorities to waive off income tax on head of electricity bill and other extra taxes.
The Association president said despite wheat shortage and crisis, the flour mills industry is continuously supplied flour in local market to avoid any shortage of this food commodity in the province. He said the labour is working in flour industry insignificant number owing to outbreak of coronavirus pandemic.
However, he said flour industry has arranged additional labour to run the mills around the clock to ensure availability of huge quantum of flour to people in local markets and fulfill the food commodity requirement and prevent from creating any flour crisis in the province.
On the occasion, PFMA KP chapter group leader, Muhammad Naeem Butt said the flour mills owners have ensured sufficient production of flour despite the wheat shortages and crisis.
He said the cutting of fresh wheat began in Sindh, saying that wheat is available in Sindh in sufficient quantity, therefore, KP flour mills should allow to procure wheat from Sindh immediately. In this regard, he urged the federal and provincial government to remove hurdles in procurement of new wheat from Sindh and relief to flour industry by exemption from taxes at optimal level.

Copyright Business Recorder, 2020

Comments

Comments are closed.