Business
Punjab kicks off crackdown on unauthorised industrial units in residential areas
Senior Minister Punjab Maryam Aurangzeb chaired a high-level meeting on anti-smog here at Lahore during which the authorities agreed to undertake a massive crackdown against illicit industrial units being run in residential areas across the province.
As per the instructions of Chief Minister Punjab Maryam Nawaz Sharif, who directed prompt action for removal of illegal industrial set-ups in residential areas of Lahore and other parts of the province and launch of enforcement operations, the meeting was held.
Illegal factories running in residential communities are a big source of environmental damage, officials said. It was also resolved to take action against illicit fat melting facilities and to move approved urban companies progressively to specialised industrial zones.
Meanwhile, the authorities said a detailed relocation plan has been prepared and all previously issued NOC for industrial units in residential areas are to be withdrawn with immediate effect. And authorities who approve such requests will also be subject to disciplinary proceedings.
Industries involved in burning wire and plastic are considerably contributing to air pollution, along with marble carving, wood workshops and small-scale units, the meeting was told. It was discovered that fumes emitted from burning plastics may lead to respiratory ailments, lung damage and possibly cancer.
Lahore has discovered and mapped 5,206 illegal industrial units, of which 4,514 are within residential limits. These industries are categorised into five groups based on their environmental impact.
Out of them 306 units were extremely high pollution, 676 high pollution, 539 medium pollution, 2,925 low pollution and 760 very low pollution units.
Maryam Aurangzeb said industry relocation strategy has been separated into short, medium and long-term phases. Large enterprises would be allocated land in new industrial zones away from residential areas, with basic utilities like electricity, water and roads.
Industrialists would also be granted incentives such as subsidised land, easing for import of machinery and waste treatment facilities. A permanent implementation committee with officials from Environment, Local Government, Police, LDA, Industries and Revenue Departments has been constituted to oversee timeframes, reforms and grievance redressal.
The recommendations were drawn up for phased implementation following consultations with more than 50 stakeholders and 14 sessions, using foreign case studies and local experience, officials said.
Business
Cement Price in Pakistan Today 30 June 2026
KARACHI- 30th June, 2026- In Pakistan, a 50kg bag of Ordinary Portland Cement (OPC – generally grade 53) would cost you somewhere in the vicinity of Rs. 1,505 to Rs. 1,610 depending on the brand you choose, your location in the country, the quality and any extra charges that your local dealer might be charging. The general price nationally ranges from Rs. 1,540 to Rs. 1,580, with a lot of popular brands maintaining their own in the Rs. 1,550-1,610 price point range in local marketplaces.
In the larger urban centres:
- The south (Karachi and rest of Sindh) is frequently a little cheaper, typically ranging from Rs. 1,520 to Rs. 1,570, thanks to its close proximity to cement manufacturing hubs and good transport links.
- Lahore, Islamabad and the rest of the northern markets tend to fluctuate between Rs.1,550 and Rs.1,610 due to transportation expenses and significant demand from ongoing housing, commercial and infrastructure construction projects.
The recent tensions in the Iran region have had some impact on worldwide fuel prices (and local ones too) since late February 2026 after some disruptions through the Strait of Hormuz, however recent moves towards a peace have helped reduce some of that pressure. This has led to a fall in international oil prices and some much-needed respite in fuel prices in Pakistan to be effective from end June 2026. Petrol is now at Rs. 299-300 per litre and high-speed diesel is around Rs. 311 per litre after major government subsidies. However, the prices at the pump are still higher than before the onset of conflict, affecting transport expenses for cement (primarily through diesel for transport) and energy inputs for the production of cement. The influence on bag prices has been restrained by a substantial volume of domestic output and a stable domestic supply.
Pakistan still depends on cement, for almost all construction needs, from the most modest individual houses and apartments to the largest government-led infrastructure projects, such as highways and bridges. By late June 2026, local supply remains strong, a welcome development that guarantees availability of this vital commodity. Prices reflect these underlying cost structures, with little day-to-day fluctuation.
Current Cement Prices in Pakistan (Per 50kg Bag)
Prices of a 50kg bag of regular OPC grey cement across the country range from Rs. 1,505 to Rs. 1,610. The southern markets (especially Karachi and other parts of Sindh) are more aggressive with rates of Rs. 1,520-1,570, while those in the northern towns such as Lahore and Islamabad are often in the Rs. 1,550-1,610 range. The pricing differences are due to logistics and transportation costs that are a function of the locations of the factories and local market demand.
The cost of petrol and high-speed diesel, due to the situation in Iran and post-truce adjustments, had an impact on transportation and manufacturing costs for cement in recent months, although prices are relatively stable at this late June 2026 date thanks to substantial government relief measures and balanced domestic output, allowing individuals and companies to plan their construction projects with more certainty.
Business
Pakistan notifies Finance Act 2026-27 ahead of budget announcement on July 1
The federal government has released the gazette notification for the Finance Act 2026-27 to pave the way for enforcement of the federal budget from July 1, the commencement of the next fiscal year.
All tax adjustments, customs taxes and fiscal decisions outlined in the 2026-27 budget will come into action from Tuesday, the Finance Act said.
The government has decreased the advance tax on property deals. From July 1, sellers will have to pay an advance tax of 2.75% on the transaction value and buyers will have to pay an advance tax of 1.25% on the fair market value of the property.
Banking firms and the fertiliser sector will also be taxed at 10% on earnings above Rs150 million and corporate organizations with earnings of more than Rs500 million will be taxed at 8%.
Also, international payments made using credit and debit cards will be subject to a 0.5% withholding tax.
The Finance Act also brings down customs taxes in a number of areas. The import tariff on automobiles with engine capacity between 850cc and 1800cc has been slashed by 35-50%, while duties on auto parts and motorbikes have been decreased by 10% and 20% respectively.
Also, additional customs charge has been decreased by 2% on auto sector, vegetable oil, gold, silver and mobile phones. The government predicts that revenue will decline by Rs47.06 billion as a result of reduction and abolition of further customs taxes, while revenue will be lowered by another Rs65.57 billion by slashing regulatory duties.
The National Assembly has passed the Finance Act, which has become law after being signed by the president and notified through an official gazette. The new budget changes will officially take effect from July 1 2026.
Business
Ogra reduces LPG prices by Rs67.33 per kilogram for July
The Oil and Gas Regulatory Authority (OGRA) on Tuesday announced a steep fall in the liquefied petroleum gas (LPG) pricing for July, bringing some respite to home and commercial consumers.
The regulator has announced a reduction in the price of LPG by Rs67.33 per kilogram and set the new official price at Rs241.43 per kg, a statement said.
The statement further said price of an 11.8 kilogram household LPG cylinder has been reduced by Rs794.05 and the new price is Rs2,848.91.
The revised rates will be effective from July 1, 2026, for the whole month, OGRA stated.
The cut is likely to bring some respite to homes that depend on LPG for cooking and heating, especially in places where natural gas supply is either absent or restricted. It could also help to cut operational costs for those companies that use LPG as fuel.
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