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Sunday, November 24, 2024  
21 Jumada Al-Awwal 1446  

Lentils prices go up following changes in federal budget 2024-25

The price of a 20 kg bag of flour is expected to reach Rs1,830
Representational image. Reuters
Representational image. Reuters

New import tax have been introduced in Pakistan’s latest federal budget, and the prices of common lentils have risen between Rs40 and Rs50 per kg.

The most dramatic price hike has been observed in masoor dal (red lentils), which is now being sold at Rs520 per kilogram and has seen a jump of Rs40 rupees per kg.

Chana dal (chickpea lentils) has also seen a Rs40 increase and is now priced at Rs230 per kg.

Mong dal (mung bean) prices have risen by Rs40, now selling at Rs260 per kg, while large Kabuli chana (chickpeas) have become Rs10 more expensive, now priced at Rs320 per kg.

After the imposition of the withholding tax on packaged flour, the price of a 20 kg bag of flour is expected to reach Rs1,830, and an 80 kg bag of fine semolina is anticipated to reach Rs8,600.

The price of a 20 kg bag of flour may increase by Rs185, while the price of semolina and fine flour may rise by up to Rs800 per bag.

There are concerns that the imposition of withholding tax on the business of wheat dealers, wholesalers, and flour mills will lead to an increase in the prices of flour, semolina, and fine flour as well.

The Flour Mills Association has called for the withdrawal of the withholding tax.

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wheat price

budget 2024 25

lentils price

expensive

witholding tax