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Tag: excise duty

cigarette taxes
Business
  • Web Desk
  • Nov 11, 2024
FBR records 70 per cent increase in cigarette excise duty collection

The Federal Board of Revenue (FBR) has recorded a significant rise in federal excise duty (FED) from cigarettes.

T&T system
Business
  • Web Desk
  • Jun 13, 2024
FBR targets Rs3.8 trillion tax collection in next FY

Key reforms include abolishing tax exemptions worth Rs434 billion and imposing a 5 per cent Federal Excise Duty (FID) on immovable property.

obacco
Business
  • Web Desk
  • May 14, 2024
Khyber Pakhtunkhwa govt to boost revenue with new tobacco excise duty

This year alone, the federal government is expected to collect Rs 250 billion from tobacco revenues – a significant portion of which will be redistributed across other provinces.

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