Impact of FBR’s Minimum Retail Price Decision on Tea Prices: Traders Warn of Rising Costs and Market Disruptions
The Federal Board of Revenue (FBR) recently decided to set a minimum retail price (MRP) of Rs1,200 per kilogram for tea to levy sales tax. While aimed at standardizing tax collection, this decision is raising concerns across the tea industry in Pakistan. Tea, a staple in Pakistani households and businesses alike, now faces price increases, […]