2024-06-16 14:46:36
(Internet Desk) In a foul information for the people who find themselves nervous about inflation, the retail worth of cement within the nation recorded a slight enhance on a weekly foundation.
In line with the Pakistan Bureau of Statistics, over the past week, the common worth of cement per bag within the northern cities of the nation was recorded at Rs. The common retail worth of cement per sack within the southern cities of the nation was recorded at Rs 1203 which is 0.35% increased than the earlier week.
In line with the report, the common worth of cement per sack in Islamabad was Rs 1298, Rawalpindi Rs 1293, Gujranwala Rs 1320, Sialkot Rs 1280, Lahore Rs 1320, Faisalabad Rs 1280, Sargodha Rs 1265, Multan Rs 1281, Bahawalpur Rs 1300, Peshawar Rs 1300 and Bannu. 1290 was recorded in Rs.
Equally, the common worth of cement per sack in Karachi was recorded at Rs 1166, Hyderabad Rs 1180, Sukkur Rs 1280, Larkana Rs 1187, Quetta Rs 1230 and Khuzdar Rs 1177.
It needs to be famous that the federal authorities has determined to extend the speed of federal excise obligation (FED) on cement within the funds.
In line with the choice, the FED on cement has been elevated from Rs. 2 per kg to Rs. 3 per kg. The implementation of the proposed resolution is prone to enhance the value of cement by no less than Rs. 50 per sack.
2024-06-16 14:46:36