Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Angry Birds Movie 3 trailer by Paramount animated sequel before December 2026 release
    Videos

    Angry Birds Movie 3 Trailer Sets Dec 23 Release

    June 30, 2026 1 Min Read
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: New 18% GST on Infant Formula Sparks Outrage Among Parents and Industry
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
GST on infant formula
PhotoNews Pakistan > Pakistan > New 18% GST on Infant Formula Sparks Outrage Among Parents and Industry
Pakistan

New 18% GST on Infant Formula Sparks Outrage Among Parents and Industry

Web Desk
By Web Desk Published June 18, 2024 2 Min Read
Share
Formula milk industry calls for imposition of 18%. Photo: Profit by Pakistan Today
SHARE

The government plans to introduce an 18% GST on locally produced infant formula and baby food, sparking criticism from industry representatives and the public. They argue this taxation will force parents towards less healthy feeding alternatives, exacerbating malnutrition among infants and children.

Last week, the finance minister’s budget proposal suggested removing the zero-rating status for these essential products. “Other countries lower taxes on such products,” stated Akmal from Lahore, condemning the move. He questioned the affordability of these items for financially strained families.

Meanwhile, manufacturers have suggested a phased tax implementation. Pakistan faces a severe malnutrition crisis, with a high under-five mortality rate and significant issues of underweight and stunted children, as noted in the National Nutrition Survey.

During the budget announcement, Finance Minister Muhammad Aurangzeb emphasized the critical role of nutrition in the early stages of life. However, he downplayed the tax impact in a subsequent press conference, labelling it insignificant for the middle and upper classes, the primary consumers of these products.

It is important to consider that locally produced nutritional products are about 50% cheaper than imported options and support the purchase of 300 million litres of milk from local farmers.

Industry insiders revealed no previous tax on these items until the government set price caps three years ago. The sudden imposition of an 18% GST in the latest budget surprised many.

In discussions with the Senate’s standing committee, industry representatives proposed a gradual GST introduction to mitigate the immediate financial impact on consumers and ensure a smoother transition. They suggested starting with 5% in the first year, increasing to 10% in the second, and reaching 18% in the third year.

TAGGED:FeaturedPak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

USMCA letters displayed with the United States, Mexico and Canada flags in a trade agreement graphic.

USMCA Review Puts $1.6tn Trade Pact in Talks

DAX index displayed in a futuristic European stock market dashboard with candlestick charts, trading data and upward market arrows.

European Markets Rise as DAX Nears 25,000

Group of people cheering with raised fists and confetti beneath a large Nasdaq sign.

US Markets Rise as Nasdaq Gains 1.43%, Dow Adds 151 Points

Post Archives

More Popular from Photonews

Brad Pitt and Angelina Jolie walking together at a red-carpet entertainment event.
Entertainment

Brad Pitt Winery Lawsuit Keeps Stoli Owner In Case

2 Min Read
e FIFA World Cup graphic showing a fiery globe-style football beside the World Cup trophy against an orange heat dome background.
Sports

World Cup Heat Dome Threatens Fans, Players

2 Min Read
Pakistan and India Clash at the UN Over Indus Waters Treaty
Pakistan

Indus Waters Treaty Row Sparks Rivers Covenant Call

2 Min Read
Business

Oil Prices Fall as Middle East Supply Rises

Oil prices extended losses on Thursday as rising expectations of Middle East supply pushed Brent and…

June 25, 2026
Entertainment

Hong Kong K-pop Ad Pulled After Drug Message Backfires

Hong Kong: Hong Kong K-pop ad “Obsession: The Sugar-Coated Trap” was pulled after online users said…

June 30, 2026
Tech

Q-Day Encryption Risk Pushes Quantum-Safe Shift

The Q-Day encryption risk is pushing companies and governments toward quantum-safe systems, as researchers warn that…

June 28, 2026
Tech

Open USD Stablecoin Launched by Visa-Led Consortium

New York: Open USD, a stablecoin issued by Open Standard, a consortium backed by Visa, Mastercard,…

July 1, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?