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Tag: revenue loss

sales tax on locally made cars
Business
  • Web Desk
  • Feb 16, 2024
PAMA calls for reversal of 25% sales tax hike on locally manufactured cars

PAMA has urged the Caretaker Finance Minister to withdraw the 25 per cent sales tax increase on locally manufactured vehicles.

tobacco tax reforms
Business
  • Web Desk
  • Jan 23, 2024
Pakistani smokers preferring non-duty paid cigarettes over legal brands: report

Teams of Inland Revenue Service Officers from the Federal Board of Revenue (FBR) conducted a nationwide operation on January 13, 2024.

Illicit cigarette
Business
  • Web Desk
  • Jan 14, 2024
Govt fails to meet cigarette tax targets since 2017

Government has consistently fallen short of tax collection targets from the cigarette industry over the past seven years.

Cigarettes
Business
  • Web Desk
  • Nov 09, 2023
Pakistan Customs seizes illegal cigarettes worth Rs15.6 million

Pakistan Customs seized illegal cigarettes worth Rs15.6 million while taking action against smuggled, non-duty-paid, and illegal cigarettes.

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