Tag Archives: Tax Impact

Local Cement Sales Plummet 27.54% in August

Cement

Cement Sales Plummet by 27.54% in August Due to Tax Increases and Monsoon Slowdown The local cement industry experienced a sharp decline in sales in August 2024, with local cement sales plunging by 27.54% year-on-year to 2.752 million tonnes. The decrease was driven by a combination of tax-driven price increases and a slowdown in construction activities during the monsoon season. …

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