Pakistan Customs, Tax, Shipping & Business News Resource
The extraordinary increase in the federal excise duty (FED) on cigarettes imposed by the government has plunged tobacco farmers into a severe crisis. The doubling in prices of legal cigarettes…
Lahore: The All-Pakistan Central Union Pan-Cigarette Beverage Retailers has called the extraordinary increase in the Federal Excise Duty rate on cigarettes a threat to the survival of pan-cigarette retailers. The…
Despite the proliferation of illegal cigarettes in the country the extraordinary increase in FED has raised new questions about the government’s revenue targets to raise Rs 170 billion in additional…
KARACHI: The central bank has highlighted Federal Board of Revenue (FBR) dependence on regressive taxation to meet targets, and advocates broadening of base through documentation of economy. Regressive tax is…