During the meeting, Haroon Akhtar highlighted that Pakistan is among the world’s largest milk-producing countries, with an annual production of over 70 million tons, said a news release.
However, he emphasized the need for further development in dairy farming and milk processing industries to improve quality standards and reduce production costs.
One of the key topics of discussion was the impact of the 18% General Sales Tax (GST) on packaged milk.
He said this tax has led to an increase in milk prices, affecting both producers and consumers.
The PDA urged the government to reconsider the taxation policy on packaged milk, advocating for a reduction in GST to ensure a steady supply of milk at affordable prices for consumers while supporting the dairy sector.
Haroon stressed that without increased investment in the dairy sector, achieving self-sufficiency in food production would not be possible.
He assured the delegation that the government is committed to addressing the challenges of the dairy industry and will continue engaging with relevant stakeholders to find effective solutions.
The total liquid foreign reserves of Pakistan increased to US$ 16,015.8 million while the reserves…
The Pakistan Cricket Board (PCB) has dismissed claims of financial losses from hosting the ICC…
Pakistan Stock Exchange (PSX) maintained its bullish momentum during early trading hours on Friday, with…
US President Donald Trump gave a green light to Israel resumed deadly strikes on Gaza,…
Can you imagine that there was a global fashion icon walking on the streets of…
Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman on Thursday where…
Leave a Comment