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New Sugar Price Rs 164: Govt Decision Sparks Debate

March 20, 2025March 20, 2025Mrs. Anjum Shahnawaz

The government has set the retail price of sugar at Rs 164 per kilogram, marking a 13% increase from its previous cap when it approved the export of 600,000 metric tonnes.

Taxpayers in Pakistan Bear Burden of Rising Sugar Prices

March 14, 2025March 14, 2025Shahnawaz Akhter

Karachi, March 14, 2025 – Taxpayers in Pakistan continue to struggle with surging sugar prices, as they are now forced to buy the commodity at an exorbitant Rs 172 per kilogram.

Minister Reviews Import of Raw Sugar to Stabilize Prices

March 12, 2025March 12, 2025Mrs. Anjum Shahnawaz

Islamabad, March 12, 2025 – Minister for National Food Security and Research, Rana Tanveer Hussain, chaired an important meeting on Wednesday to review the potential import of raw sugar as part of the government’s strategy to stabilize domestic sugar prices and provide relief to consumers.

Pakistan Moves to Import Raw Sugar to Stabilize Market Prices

March 11, 2025March 11, 2025Mrs. Anjum Shahnawaz

Islamabad – In a bid to curb rising sugar prices and ensure affordability for consumers, the federal government of Pakistan announced on Monday its decision to import raw sugar (Shakkar).

Government Sets Sugar Price at Rs 130 for Ramadan

February 15, 2025February 15, 2025Mrs. Anjum Shahnawaz

Islamabad, February 15, 2025 – The Federal Minister for Industries and Production, Rana Tanveer Hussain, has officially announced that the price of sugar will be set at Rs 130 per kilogram across the country during the holy month of Ramadan.

Audit Report Flags Financial Risks at Dewan Sugar Mills

January 24, 2025January 24, 2025Shahnawaz Akhter

Karachi, January 24, 2025 – Dewan Sugar Mills Limited, in its annual report for 2024 submitted to the Pakistan Stock Exchange (PSX), disclosed adverse observations by auditors concerning the company’s repayment capacity and financial health. These observations have raised significant concerns about the sustainability of the company’s operations.

Pakistan Decides to Export 100,000 Metric Tons of Sugar

August 21, 2024August 21, 2024Mrs. Anjum Shahnawaz

Islamabad, August 21, 2024 – Pakistan has made a significant move to capitalize on its surplus sugar reserves by deciding to export 100,000 metric tons of sugar. The decision was reached during a crucial meeting of the Sugar Advisory Board (SAB) held on Wednesday, chaired by Minister for Industries and Production, Rana Tanveer Hussain.

FBR Warns Sugar Millers of 3-Year Jail Sentence for Sales Tax Evasion

November 30, 2023November 30, 2023Shahnawaz Akhter

Islamabad, November 30, 2023 – The Federal Board of Revenue (FBR) has delivered a stern warning to sugar millers, cautioning them against sales tax evasion and emphasizing the potential consequences, including a three-year jail sentence.

LTO Karachi Summons Sugar Millers in Tax Fraud Probe

November 22, 2023November 22, 2023Shahnawaz Akhter

November 22, 2023 – The Large Taxpayers Office (LTO) Karachi, a crucial revenue collection arm of the Federal Board of Revenue (FBR), has intensified its investigation into sales tax fraud, summoning sugar millers to appear before an inquiry regarding the issuance of fake and flying invoices.

Government Rejects PSMA Demand for Sugar Export, Prioritizing Consumer Interests

November 21, 2023November 21, 2023Shahnawaz Akhter

Islamabad, November 21, 2023 – The government, led by Dr. Gohar Ejaz, Minister of Industries and Production, dismissed the request from the Pakistan Sugar Mills Association (PSMA) to export sugar.

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