ISLAMABAD – The federal government has proposed increase in federal excise duty on cement as the budget for fiscal year 2024-25 is being presented in the National Assembly.
In budget speech, Finance Minister Muhammad Aurangzeb said the excise duty on cement would be increased by Rs1 to Rs3 per kilogramme.
The move, if approved, would jack up the cement prices in Pakistan, affecting the construction sector.
The increase in excise duty on cement would be Rs1 to Rs3 per kilogram means an additional cost of Rs. 2 per kilogram. The increase in excise duty per bag would be Rs100 per bag.
So, if a cement bag currently costs Rs1,280, after the increase in excise duty, the new cost would be Rs. 1,280 + Rs. 100 = Rs. 1,380 per bag.
| Pakcem Cement Rate | RS. 1,285-1,290 |
| DG Khan Cement Rate | RS. 1,275-1,285 |
| Fauji Cement Rate | RS. 1,275-1,270 |
| Lucky Cement Rate | RS. 1,260-1,270 |
| Kohat Cement Rate | RS. 1,260-1,270 |
| Cherat Cement Rate | RS. 1,265-1,275 |
| Maple Leaf Cement Rate | RS. 1,280-1,290 |
| Power cement Rate | RS. 1,260-1,270 |
| Askari cement Rate | RS. 1,265-1,275 |
| Pioneer Cement Rate | RS. 1,270-1,280 |
| Paidar Cement Rate | RS. 1,260-1,270 |
| Falcon Cement Rate | RS. 1,265-1,275 |
| Flaying Pakistan Rate | RS. 1,250-1,260 |
Expected cooking oil, ghee prices in Pakistan from July after Budget 2024-25
