Construction in Pakistan has become more costlier as manufacturers jacked up price of cement bag after new taxes.
Besides the transport costs for raw materials for the manufacturers, the government imposed sales tax and withholding tax, which makes cement bag costlier by Rs200-250.
As of July 30, price of A-grade Cements are being sold at Rs1500, while price of other brands stands around Rs1400-1470.
Cement Price in Pakistan
Company | Price per Bag |
---|---|
BestWay Cement | Rs1,550-Rs1600 |
Lucky Cement | 1,540 – 1,550 |
DG Khan Cement | 1,550 – 1,510 |
Fauji Cement | 1,450 – 1,560 |
Kohat Cement | 1,450 – 1,525 |
Askari Cement | 1,540 – 1,550 |
Cherat Cement | 1,455 – 1,465 |
Maple Leaf Cement | 1,500 – 1,510 |
Power Cement | 1,450 – 1,460 |
Pioneer Cement | 1,455 – 1,465 |
Cement dealers in Pakistan have gone an indefinite nationwide strike due to increased taxes and regulatory demands in the federal budget for 2024-25.
The budget raised withholding tax on cement to 2.5pc for non-filers and increased the Federal Excise Duty from Rs2 to Rs4 per kg. Dealers are concerned about the impact of these taxes and the need for Point of Sale (PoS) machines, which many lack the resources to implement.
All Pakistan Cement Dealers Association called for a presumptive tax regime to prevent business closures and job losses. Despite these challenges, cement exports from Pakistan saw big increase.
Expected cooking oil, ghee prices in Pakistan from July after Budget 2024-25