PAC summons FBR chairman over reduction in tax collection from tobacco sector

ISLAMABAD: The Federal Board of Revenue (FBR) has retained the third slab of federal excise duty (FED) on cigarette prices and sat aside...

FBR turned down health ministry’s proposal to increase cigarettes prices

ISLAMABAD: The Federal Board of Revenue (FBR) straightaway rejected the Ministry of National Health Regulation Authority’s proposal’ to soar the cigarettes price...

Legal cigarette sales decline 7.4% in 2017: Oxford Economics

According to the report, actual government revenues were estimated to have increased by 8.3 per cent in fiscal year 2017/18, underpinned by an acceleration in legal domestic sales, which rose by an estimated 73.9% over the same period

Pakistan Tobacco Company’s profit increases 7.95pc to 7.6bn in six months

LAHORE: Pakistan Tobacco Company Limited (PAKT) on Friday released its financial results for the half year ended June 30, 2020 announcing that...

Civil society lauds federal cabinet’s decision to ban sale of loose cigarettes

ISLAMABAD: The Network for Consumer Protection on Tuesday applauded the federal cabinet’s decision to ban the sale of loose cigarettes in a bid...

After PTC, Philip Morris also shows concerns over smuggling, sale of illicit cigarettes 

ISLAMABAD: The Pakistani tobacco industry is facing major challenges as the sale of illicit cigarettes has spiked following a massive increase in...