The price of a 50-kg bag of cement was hiked increased by Rs150 after which the price of a bag increased from Rs1,200 to Rs1,350, reported 24NewsHD TV channel on Wednesday.
According to shopkeepers, federal excise duty and sales tax are levied on cement.
Seller’s tax has increased from 15 to 18 percent, shopkeepers said.
They said that after the budget, there has been an increase of 150 rupees per bag on cement.
They said their business has destroyed and we do not know exactly whether our business still exist are or not.
The government should take such decisions that the business of the cement seller could run.
Reporter: Ayaz Rana