18% sales tax threatens dairy sector in Pakistan
The government on Thursday assured a review of the imposition of an 18% sales tax on packaged milk, as it turned out that Pakistan has the highest tax on branded milk in the world and two-thirds of consumers earn less than Rs50,000 a month. The assurance to review the high tax rate was given by […]
Demand of packaged milk drops in Indore
A decline in packaged milk sales due to subdued demands amid surge in daily collection has left Indore cooperative dugdh sangh worried, looking for markets outside Indore. To sell surplus stock of milk, Indore dugdh sangh is tying up with Bundelkhand dugdh sangh. Dr RK Doorwar, CEO, Indore Cooperative Dugdh Sangh said, “Sales of packaged milk have dropped leaving a good […]
Packaged milk per litre: Consumers to pay Rs50 more from July 1
Pakistani packaged milk consumers will pay an additional Rs50 per litre starting July 1, 2024 due to the implementation of an 18 percent General Sales Tax (GST) in budget. The proposed 18 percent sales tax on packaged milk in the new budget could prove to be disastrous and, if not withdrawn, may shrink the size […]