Tag: agriculture
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Govt planning to increase sales tax on tractors by up to 14%
The federal government is poised to increase the sales tax on tractors in Pakistan from 10 per cent to 14 per cent, a move that is expected to raise the cost of these essential agricultural machines. In the 2024-25 budget, the government removed the previous exemption and introduced a 10 per cent sales tax on…
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Watermelon growers send notice of damages to Dr. Affan
Businessmen from Faisalabad have sent a notice of 10 billion rupees to Dr. Affan Qaiser against his statement about injecting watermelons. A request has also been made by Faisalabad engine traders to register a case against Dr. Affan in Ghulam Muhammad police station. According to the petition, Dr. Affan’s statement spread fear and panic and…
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Farmer slams Dr. Qaiser for targeting watermelons
Dr. Affan Qaiser, a doctor from Multan is known on social media for videos that are usually part social commentary and many times, factually incorrect. In his latest video, he raised the issue of “adulterated watermelons” i.e. injecting watermelons with chemicals in order to give them the red colour that consumers accept as a sign…
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CDWP gives go-ahead to 10 development projects valued at Rs115 billion
In a key meeting held on Friday, the Central Development Working Party (CDWP) approved a total of 10 development projects, with an overall cost of Rs115.458 billion.
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China to assist Pakistan in improving crop growth through advanced farming
During a visit to the head office of Guard Agricultural Research and Services, a spokesperson emphasised the benefits of modern mechanised agriculture, highlighting improved crop production.
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Pakistan’s economy picks up pace: GDP growth hits 2.13%
In the first quarter of the fiscal year 2023-24, Pakistan’s economy exhibited signs of recovery with a Gross Domestic Product (GDP) growth rate of 2.13 per cent, marking a significant improvement from the 0.96 per cent recorded in the same period of the previous fiscal year, according to estimates released by the Pakistan Bureau of…
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Army gets more land for ‘agriculture’
The Pakistan Army is set to start agriculture farming on 41,000 acres of land in South Waziristan’s Zarmalam area. Peshawar Corps Commander Lieutenant General Sardar Hasan Azhar Hayat has said that the army was determined to increase agricultural farming in Khyber Pakhtunkhwa, as per Geo News. Lt Gen Hayat said the army has prepared a…
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World Bank proposes tax reforms with 3% GDP growth projection for Pakistan
The World Bank has advised Pakistan to implement taxes on the agricultural and real estate sectors and merge the income thresholds for salaried and non-salaried individuals to create a progressive Personal Income Tax (PIT) system.
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Punjab food department ceases wheat quota subsidy
The Punjab Food Department has decided to discontinue a substantial subsidy programme linked to the allocation of government wheat quotas.
