August 16, 2026
The Pakistan Transport Council has called off the strike after 15 associations signed an agreement, and oil tankers withdrew after OGRA accepted a 7-8 per cent freight increase. Container trailers, inter-provincial trucks and edible oil tankers remain out.
The government should consider imposing 20-22% sales tax and 5% income tax on commercial importers to discourage them, said KK Group of Industries CEO Khalid Islam Sheikh. Photo: file KARACHI: Edible oil manufacturers have called for a reduction in crude palm oil (CPO) duty, repeal of Section 8B of the Sales Tax Act and enhanced taxes on commercial importers. The aim is to encourage farmers and others to stimulate industrial development in the country. They reported that over 3.2 million metric tons of palm oil are imported into the country. The edible oil sector procures raw materials from domestic and
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
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