Tag: illegal cigarettes

Duty on tobacco has not resulted in proportionate growth in revenue

The continued increase in Federal Excise Duty (FED) on tobacco has not resulted in a proportionate growth in revenue for the national exchequer, as...

FBR losing Rs 24 billion per annum in revenue on illegal...

At a time when the government has increased taxes and duties on all the non-essential items to meet the IMF targets, the illicit cigarette...