امید سحر نے بجٹ کی حمایت کردی
بجٹ، معاشی سرگرمیوں کا فروغ، رسی
Umeed-e-Sehar backs budget, calls out misinformation on tobacco tax Umeed-e-Sehar also appreciated the federal government’s continued commitment to curbing illicit trade, which it said deprives the exchequer of significant revenue, disadvantages law-abiding businesses, and distorts fair competition. The organisation, however, expressed concern over claims made during National Assembly proceedings by
Call for expanding tax base to ensure economic growth LAHORE: The policies aimed at expanding the tax base and backing legitimate businesses remain critical for sustainable economic growth. “Farmers should not be used as a shield in debates where the facts suggest otherwise,” said Muhammad Jamil Arif, spokesperson for Umeed-e-Sehar,
Illicit cigarettes’ consumption increases due to heavy taxes: NGO LAHORE: With increase in taxes on legal cigarette manufacturers, the illicit tobacco trade and consumption have increased significantly and the smokers switched to cheaper, tax-evaded brands following the imposition of FED last year. “About 62.4% of smokers are preferring brands priced
Cigarette price hike fuels illicit trade, undermines public health efforts in Pakistan Karachi, 2024: Despite the government’s efforts to curb tobacco consumption through price increases, a recent study has revealed a significant shift towards cheaper, tax-evaded cigarette brands, undermining public health initiatives and revenue collection. Around 89% respondents of the
High tobacco tax boosts black market ISLAMABAD: The government's 154 percent increase in federal excise duty (FED) on cigarettes has backfired, driving consumers to cheaper, tax-evaded brands and fueling the growth of the illicit cigarette trade. The higher taxes have spurred a rise in the purchase of low-priced and illegal
The hidden costs of Pakistan's crackdown on Iranian oil smuggling After the U.S. imposed sanctions on Iran in 2013 to cut oil exports, the smuggling of Iranian petroleum products has become an entrenched part of its ailing economy. The smuggling of fuel and goods has been going for decades through
Smuggling of oil costs Pakistan $35.6m per day Pakistan is facing a loss of around $35.6 million on a daily basis owing to the smuggling of around 4,000 tonnes of oil, ARY News reported, citing an oil companies association. The Oil Companies Advisory Council (OCAC), a representative body of oil
Illegal import of fruit and vegetables affecting Balochistan farmers ISLAMABAD: Lawmakers from Balochistan on Wednesday requested the government to block the illegally import of fruits and vegetables from Afghanistan, Iran and India as it was affecting the local farmers especially in Balochistan. In the backdrop of the smuggling of vegetables