Flour mills announce reduction in price of flour bag by Rs 90 – Business & Economy

Flour mills announce reduction in price of flour bag by Rs 90 – Business & Economy

The representatives of Flour Mills Association in Punjab have announced a reduction in the price of a bag of flour from 80 to 90 rupees.

Following the instructions of Chief Minister Punjab, Food Minister Bilal Yasin is active, he met the representatives of Flour Mills Association and discussed the current situation. Secretary Food Moazzam Iqbal Supra and Director Food Punjab Shoaib Jadoon were also present in the meeting.

After which Flour Mills announced a reduction in the price of a bag of flour from Rs 80 to Rs 90.

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Provincial Food Minister Bilal Yasin said that there was concern over the increase in flour prices despite the additional stock of wheat, public relief is the first priority on the directives of the Chief Minister of Punjab.

On the other hand, the executive committee of Pakistan Flour Mills Association Punjab branch held a meeting in Lahore. Flourmills Association Chairman Chaudhry Iftikhar Ahmed Mattu presided over the meeting.

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In the important meeting, there was a discussion on making flour mills as withholding agents for collection of withholding tax on sale of wheat products in the budget, while the association expressed its reservations on the withholding tax on sale of wheat products.

On July 6, a meeting of the general body of Pakistan’s floor accused Alkan will be called. In the meeting, the future action plan will be announced to create a holding agent for the collection of holding tax tax.

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2024-07-03 19:45:08

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