Islamabad, June 19, 2025: Federal Board of Revenue (FBR) Chairman Rashid Langrial on Wednesday openly revealed the names of sugar mills allegedly involved in tax evasion during a session of the …
sugar mills
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Islamabad, May 23, 2025: The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills Association (PSMA) and its member mills, has remanded the case to the …
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BusinessTop Trending News
Fuel Cost Component for Sugar-Mills Linked IPPs Hugely Up
by Umar Sohailby Umar SohailIslamabad: Upcoming decision by the National Electric Power Regulatory Authority (Nepra) to approve a significant increase in the Fuel Cost Component (FCC) for baggasse-fired Independent Power Producers (IPPs). The FCC …
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EconomyLatest Updates
Pakistan’s sustainability at stake without a tax culture: PM Imran Khan
by Umar Sohailby Umar SohailPM Imran Khan says increased tax collection only way to come out of vicious cycle of debt-loan repayment; govt to take it to Rs8,000 billion. Says the “ruling elite” in …
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According to CCP, PSMA and the Punjab sugar mills have been found to have shared commercially sensitive stock information amongst themselves in violation of Section 4 of the Act.
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Ministry has sent a notice to all the sugar mills’ CEOs, asking them to provide details of sugar sale and stocks, etc., from December 20 to May 21.
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Latest UpdatesNational
No Mercy, No Peace for Sugar Wicked: PM to let law decide fate of Tareen’s
by Hamza Irshadby Hamza IrshadSome 60 to 70 mills drew Rs140 billion from people’s pocket.