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Articles for tag: Cigarettes, federal excise tax, illegal, Illegal cigarettes, research, sold, stealthy

June 11, 2024

News Desk

More than 42% of cigarettes sold are illegal, according to research

Islamabad: Illicit cigarettes are flooding markets in Pakistan, with a shocking 42.4 percent of all cigarettes sold illegally, a research report has revealed. This startling revelation comes from a recent report by think tank FFO, which investigated the illegal cigarette trade in four districts of Punjab. The report, based on research carried out last month, highlights a worrying trend. Since 2019, the illegal cigarette trade has increased by 171 percent. In 2019, the market share of illegal cigarettes was 15.66 percent, showing a dramatic increase in just a few years. Evidence of this illicit trade was found in various areas

Pakistanis react to exorbitant prices of cigarettes

ISLAMABAD: The tobacco sector has been on the hit list for the government’s increasingly higher revenue collection needs, by paying higher taxes. According to the details, the fresh massive strike of around 153 per cent Federal Excise Duty (FED) rates on cigarettes is going to cause around a 250 per cent increase in the prices of cigarettes, produced by legitimate companies. Apart from the major hike in the prices of cigarettes, the supplementary finance bill, which was tabled in the parliament by finance minister Ishaq Dar, also suggests increasing the sales tax. That coupled with the excise duty is more likely

سگریٹ کی غیر قانونی فروخت اور قومی خزانے کو اربوں کا نقصان

پاکستان میں جہاں کئی ایسی انڈسٹریاں موجود ہیں جو غیر قانونی ہونے کے ساتھ ساتھ ملکی خزانے کو سالانہ اربوں روپے کا نقصان پہنچا رہی ہے انھی میں سے ایک سگریٹ انڈسٹری بھی شامل ہے جو غیر قانونی فروخت, ٹیکس چوری اور سمگلنگ کے باعث قومی خزانے کو شدید نقصان پہنچا رہی ہے۔ سگریٹ کی غیر قانونی فروخت کو سمجھنے سے قبل اس بات کو جانا ضروری ہے کہ پاکستان میں سگریٹ قانونی طور پر کیسے فروخت کیا جاتا ہے۔ حکومتی اعداد و شمار کے مطابق سگریٹ کے ڈبے پر تقریبا 42 روپے کا ایکسائز اور سیلز ٹیکس شامل ہوتا

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