ISLAMABAD – Leading companies in Pakistan have notified new prices of packaged milk after the federal government imposed 18 percent general sales tax (GST) in the Budget 2024-25.

In late June, the National Assembly approved the budget, with an 18pc GST on packaged milk, herbal and homeopathic medicines, and food items.

Despite the Senate Standing Committee on Finance rejecting the proposal, the government proceeded with the decision, which will put additional burden on masses

As the budget recommendations have come into effect from today (July 1, 2024), the companies have announced new prices of the packaged milk of 250ml, 1000ml and 1500ml.

FrieslandCampina Engro Pakistan Limited, which sells dairy products with brand name of Olper’s, have issued new price list.

Olper’s Milk New Prices in Pakistan from July 1

The company has increased the price of each 250ml pack to Rs95 for retail customers while price of one carton box has been fixed at Rs2,660 for Ecolean product and Rs2,565 for TBA product.

Similarly, the price of 100ml each pack has been increased to Rs370 while carton box rate has been jacked up to Rs4,440 for retail customers.

The price of 1500ml each pack now stands at Rs535 while carton box rate at Rs4,200, starting from July 1, 2024.