MOFA Documents Attestation New Fee: Effective July 8, 2024
MOFA in Pakistan increased attestation fees for legal documents starting July 8,...
 
											Cement Dealers Declare Strike in Protest of New Taxes
In a major change for the construction industry, the cost of a 50-kg bag of cement has risen by 207 rupees, reaching a new price of 1,500 rupees per bag. This increase is directly linked to the latest federal budget.
The federal budget raised the federal excise duty on cement from 3 rupees to 4 rupees per kilo. This adjustment has promptly caused an increase in the price of cement bags in the first week of the new financial year.
The Bureau of Statistics has published documents revealing varying increases in cement prices across different cities.
The significant increase in cement prices is anticipated to double the challenges for the construction industry. Higher costs will inevitably elevate the overall expenses of building homes and flats, making construction projects more costly.
For those in construction or planning building projects, this price increase is crucial to factor into budgeting and financial planning.
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