The illicit tobacco trade is a contentious issue in Pakistan, with the government concerned about lost revenue due to tax evasion and the industry arguing that high taxes lead to increased… Read More
The illicit tobacco trade is a contentious issue in Pakistan, with the government concerned about lost revenue due to tax evasion and the industry arguing that high taxes lead to increased… Read More
Even though the Government of Pakistan was under tremendous pressure to increase taxes in various sectors to generate additional revenue for financing the fiscal deficit in the fiscal year 2024-25,… Read More
In response to public health concerns surrounding high smoking prevalence, the Pakistani government enacted a substantial increase in the Federal Excise Duty (FED) on cigarettes during the fiscal year… Read More