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Reducing Tax Evasion in the Sugar Industry: The PM Orders Tough Measures Against the Sugar Mafia

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To stop the illegal selling of sugar, tax fraud, and price increases, Prime Minister Shehbaz Sharif has instructed the Federal Board of Revenue, Federal Investigation Agency, and Intelligence Bureau to work together.

The Prime Minister urged the aforementioned agencies to guarantee complete recovery of general sales tax in a significant decision pertaining to sugar mills and sugar dealers, given the impending commencement of the crushing season.

He gave the relevant authorities instructions to put cameras at the sugar mills to monitor sugar hoarding and help keep prices stable. Additionally, it will assist in recovering the sales tax by keeping an eye on the mills’ production process and examining the hoarding.

The prime minister threatened to take harsh measures against anyone who owned sugar mills and engaged in tax fraud and sugar hoarding.

He demanded that the “Satta Mafia” face harsh punishment and declared that no price hike for sugar would be allowed.

The prime minister also gave the government agencies instructions to follow suit in the areas of steel, tobacco, cement, drinks, and other industries.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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