Pakistan Customs, Tax, Shipping & Business News Resource
The tobacco sector has been at the hit list for the government’s increasingly higher revenue collection needs, by paying higher taxes. The fresh massive strike of around 153 percent Federal…
Newly imposed advance excise duty on tobacco purchase will not impact farmers but manufacturers and would dent the massive tax theft in the tobacco sector. Tax evaders are pressurizing the…
The FBR collected Rs 135 billion in taxes from the tobacco sector during the financial year 2020-21, Rs 18 billion more than the tax collected from the tobacco sector previous…
As the budget approaches, debate on illicit trade in the tobacco sector has gained momentum. Despite the realization at Government level that tapping illicit cigarettes trade could generate 150bn revenue,…