Pakistan: Leading cement producers have said that prices will rise by 10% before 2021 if a reduction in Federal Excise Duty (FED) to US$5.95/t of cement from US$11.9/t does not materialise. DG Khan Cement owner Nishat Group chair Mian Mansha said, “Failing this, producers will take a US$119m total hit on revenues,” according to the Express Tribune newspaper.
Pakistani producers lobby for tax cuts
URL: https://globalcement.com/news/item/11273-pakistani-producers-lobby-for-tax-cuts
© 2025 Pro Global Media Ltd. All rights reserved.