AGL 37.47 Increased By ▲ 0.22 (0.59%)
AIRLINK 123.40 Decreased By ▼ -0.62 (-0.5%)
BOP 5.85 Increased By ▲ 0.23 (4.09%)
CNERGY 3.72 No Change ▼ 0.00 (0%)
DCL 8.45 Increased By ▲ 0.20 (2.42%)
DFML 40.65 Increased By ▲ 0.38 (0.94%)
DGKC 86.00 Increased By ▲ 0.26 (0.3%)
FCCL 33.19 Increased By ▲ 0.59 (1.81%)
FFBL 66.25 Decreased By ▼ -0.25 (-0.38%)
FFL 10.16 No Change ▼ 0.00 (0%)
HUBC 105.25 Increased By ▲ 2.15 (2.09%)
HUMNL 13.35 Decreased By ▼ -0.05 (-0.37%)
KEL 4.30 Increased By ▲ 0.05 (1.18%)
KOSM 7.24 Increased By ▲ 0.06 (0.84%)
MLCF 38.65 Increased By ▲ 0.35 (0.91%)
NBP 63.70 Decreased By ▼ -1.31 (-2.02%)
OGDC 174.55 Increased By ▲ 0.75 (0.43%)
PAEL 25.11 Increased By ▲ 0.21 (0.84%)
PIBTL 5.80 No Change ▼ 0.00 (0%)
PPL 142.50 Decreased By ▼ -0.20 (-0.14%)
PRL 23.02 Increased By ▲ 0.04 (0.17%)
PTC 15.45 Increased By ▲ 0.34 (2.25%)
SEARL 65.50 Increased By ▲ 0.15 (0.23%)
TELE 7.03 Increased By ▲ 0.03 (0.43%)
TOMCL 36.50 Decreased By ▼ -0.41 (-1.11%)
TPLP 7.30 Decreased By ▼ -0.04 (-0.54%)
TREET 14.20 Decreased By ▼ -0.08 (-0.56%)
TRG 50.90 Increased By ▲ 1.20 (2.41%)
UNITY 26.69 Increased By ▲ 0.54 (2.07%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,635 Increased By 33.3 (0.35%)
BR30 28,770 Increased By 196.9 (0.69%)
KSE100 90,635 Increased By 348.3 (0.39%)
KSE30 28,344 Increased By 0.7 (0%)
Print Print 2024-07-12

Flour mills go on countrywide strike

  • Overall, 2,000 flour including 250 mills of Sindh completely shut their operations
Published July 12, 2024

KARACHI: Flour mills on Thursday started nationwide strike for an unidentified period against the impositions of 5 percent withholding tax.

Aamir Abdullah Chairman Pakistan Four Mills Association (PFMA) said the government in the budget has imposed a unjustified withholding tax on the flour mills with effect from July 1, 2024. He said the government has imposed this tax without consultation of the industry stakeholders. “We are already in the tax net and mills are not in condition to bear more tax burden,” he added.

Flour mills, before starting the strike, tried to contact the government officials and authorities concerned since July 3, but to no avail, he maintained.

Flour millers announce nationwide shutdown

“We have started the countrywide strike from Thursday for an unidentified period till the acceptance of our demands,” Abdullah said. Overall, 2,000 flour including 250 mills of Sindh have completely shut their operations against the imposition of withholding tax, he added.

Flour and wheat products delivery has come to standstill across the country, he added.

He said that flour mills of entire Pakistan are united and stood together. Abdullah said the government’s move increase the price of an essential food item, ie, flour which has become cheap after many years. After the strike, there is fear of flour crisis increased in Karachi and other parts of the country.

“Yesterday, we stopped the washing of wheat and today (Thursday) flour mills stopped wheat milling,” he added

More than one hundred flour mills of Karachi supplies 70 to 80 bags of wheat flour daily in Karachi, he said and added that due to the closure of flour millers, supply of flour to bread factories and hotels has also been suspended.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Aam Aadmi Jul 12, 2024 07:47am
'He said the government has imposed this tax without consultation of the industry stakeholders.' So, he wants to be consulted before tax is imposed. Everyone will demand the same.
thumb_up Recommended (0)
Abdullah Jul 12, 2024 08:39am
No more blackmailing.if they close it govt should cease it and put it on action.middle class will not feed the rich.they will have to pay taxes now.
thumb_up Recommended (0)
Aamir Jul 12, 2024 09:29am
Soon the decision will be reversed. When a govt does not cut it's unnecessary expenses, wastage and perks, it has no face to implement such things. IMF should note that this govt cannot do anything.
thumb_up Recommended (0)
Love Your Country Jul 12, 2024 11:10am
What's the root cause; the article is giving the readers incomplete picture.
thumb_up Recommended (0)
Usman Jul 12, 2024 11:28am
@Retired, and fix pension at 40k a month not more than this.provide financing to business that exports and reduce imports by starting local production
thumb_up Recommended (0)
Mubashir Munir Jul 12, 2024 11:38am
All the floor mills should be audited,they made big profits why they not be taxed
thumb_up Recommended (0)
Mubashir Munir Jul 12, 2024 11:42am
Why they hurt the common man punish them why judiciary not taking action
thumb_up Recommended (0)
amir jutt Jul 12, 2024 02:54pm
HE said the government has imposed this tax without consultation of the industry stake holders , so he want to be consulted before ta is imposed , everyone will demand the same . no more blackmailing ,if the closed it govt should cease it nd put it on action , middle class will not feed the rich. they will have to pay taxes now . more than one hundred flour mills of karachi supplies 70 to 80 bags of wheat flour daily in karahi . he said nd added that due to the clousers of flour millers supply of flour to bread factories nd hotels has also been suspended
thumb_up Recommended (0)
Mushtaqq Jul 12, 2024 06:51pm
@Abdullah, correct word is sieze, not ceasefire. No offence intended.
thumb_up Recommended (0)
Kgalid Jul 13, 2024 11:41am
Flour mills are money minting machines ..govt gives rs 17/kg for millions g expenses .a mill grinding 500 x40=20000kg / day makes 17x20000 rs gross income + sooji+maida income / day
thumb_up Recommended (0)