Illicit cigarette market inflicting Rs300bn annual loss on national exchequer: study ISLAMABAD: The illicit sector now holds a major share of 54 percent of the cigarette market in Pakistan as compared... Published 10 May, 2024 04:17am
Pakistan Hike in cigarette prices: 18pc of people quit smoking ISLAMABAD: Pakistan-based think tank Center for Research and Dialogue (CRD) survey disclosed that 18 percent of... Published 05 May, 2024 02:54am
Pakistan Capital Calling raises alarm against surge in campaign by cigarette cos ISLAMABAD: Capital Calling, an Islamabad-based think tank, has raised alarm against the surge in the campaign by... Published 10 Apr, 2024 02:16am
Pakistan Cigarette co decries sealing of offices in AJK ISLAMABAD: The Walton Tobacco Company has demanded justice from the Azad Jammu and Kashmir government, alleging that... Published 07 Apr, 2024 03:01am
Pakistan CRD urges FM to take action against cigarette makers violating laws ISLAMABAD: The Centre for Research and Dialogue (CRD) has asked the Finance Minister Muhammad Aurangzeb for taking... Published 06 Apr, 2024 05:28am
Pakistan New low-priced cigarette product termed violation of FEA ISLAMABAD: The multinational tobacco companies have allegedly violated the Federal Excise Act and introduced a... Published 31 Mar, 2024 02:53am
Business & Finance Uniform excise duty rates on cigarette makers: IMF’s recommendations welcomed ISLAMABAD: Capital Calling, an Islamabad-based think tank, Friday welcomed the recommendation of the International... Published 21 Mar, 2024 05:22am
Editorials Combating illicit cigarette trade EDITORIAL: The illicit sale of cigarettes in the country continues to be a pervasive issue, having a detrimental... Published 15 Mar, 2024 04:14am
Pakistan Pakistan ranks 7th among tobacco-consuming countries globally ISLAMABAD: Pakistan is one of the top tobacco consuming countries standing at the 7th position globally and first in... Published 14 Mar, 2024 03:00am
Business & Finance Policy reforms on tobacco taxation urged ISLAMABAD: The absence of a clear policy reforms on tobacco taxation for multinational cigarette manufacturing... Published 29 Feb, 2024 04:41am
Pakistan Fake stamps: Around 850m counterfeit cigarette sticks being sold across country ISLAMABAD: The documented tobacco industry Monday raised serious concern that around 850 million counterfeit... Published 23 Jan, 2024 05:14am
Business & Finance Excise duty hike: Cigarette industry witnessing big surge in illegal trade ISLAMABAD: The cigarette industry is experiencing a surge in illegal trade in recent months, particularly following ... Published 18 Jan, 2024 05:54am
Business & Finance Cigarette industry: SDPI says revenue collection targets missed since 2017 ISLAMABAD: A new study conducted by Pakistani think tank Sustainable Development Policy Institute (SDPI) revealed... Published 12 Jan, 2024 03:06am
Business & Finance Cigarette industry: Influence on policymaking caused Rs567bn revenue loss in last 7 years ISLAMABAD: The influence of cigarette industry on policymaking has not only impacted nation’s financial well-being... Published 04 Jan, 2024 05:41am
Business & Finance 10 cigarette manufacturers: Ministry asks FBR to suspend brand registration ISLAMABAD: The Ministry of National Health Services has asked the Federal Board of Revenue (FBR) to take action and... Published 18 Nov, 2023 06:03am
Business & Finance Cigarette prices in Pakistan lowest in the region due to lenient tax policy? ISLAMABAD: Pakistan stands out in the region for remarkably low cigarette prices due to the country’s lenient tax... Published 14 Nov, 2023 05:08am
Pakistan ‘Illegal cigarette companies flouting ban’ LAHORE: Despite the ban imposed by the government over advertising and reward programs for cigarette sale, illegal... Published 06 Nov, 2023 05:27am
Pakistan Illegal Cigarette cos flout ban, putting profits over public health LAHORE: Despite the ban imposed by the government about advertising and reward programs for cigarette sales, illegal... Published 04 Nov, 2023 06:00am
Business & Finance FBR seizes record 16m non-duty paid/counterfeit cigarette sticks ISLAMABAD: The designated teams of Federal Board of Revenue (FBR) have conducted 429 raids across the country and... Published 01 Nov, 2023 05:57am
Pakistan Unregistered cigarette brands pose threat to public health, economy: NGO LAHORE: Expressing serious concerns over the alarming prevalence of unregistered cigarette brands across the ... Published 23 Jun, 2023 06:00am
Business & Finance Jul-Mar period: Cigarette makers’ turnovers, profits surge despite fall in declared output ISLAMABAD: Despite a substantial decline in declared production by cigarette manufacturing companies, their turnover... Published 08 Jun, 2023 06:30am
Pakistan Cigarette production drastically decreases in May ISLAMABAD: Health experts and non-governmental organisations (NGOs), Monday, admitted that cigarette production in... Published 06 Jun, 2023 05:33am
Business & Finance IPSOS report: Illicit cigarette trade costs FBR Rs240bn per annum ISLAMABAD: An international research company Friday disclosed that tax evasion by illicit cigarette traders has... Published 03 Jun, 2023 03:52am
Pakistan Illicit cigarette industry’s market share expands to 39pc ISLAMABAD: The illicit cigarette industry share has been increased to 39 percent in the market as compared to claims... Published 16 May, 2023 03:23am
BR Research Profits rise for PAKT It pays to build scale. The tobacco market leader seems is weathering the challenging industry environment ... Published 05 May, 2023 09:21am
Business & Finance ‘Unprecedented’ hike in FED on cigarettes resented LAHORE: Expressing serious concerns over the government’s unprecedented increase in the FED rate on locally... Published 04 May, 2023 04:26am
Business & Finance Cigarette retailers seek PM intervention for FED reversal LAHORE: The All Pakistan Central Union Pan-Cigarette Beverage Retailers has sought Prime Minister Shehbaz Sharif... Published 20 Apr, 2023 06:30am
Business & Finance FY23Q1 cigarette sales decline 50pc on massive hike in FED KARACHI: After the massive increase in federal excise duty (FED), the sale of legal cigarettes has declined by 50... Published 17 Apr, 2023 06:41am
Business & Finance Cigarette brands of multinational firms: FBR chief informs Senate body about ‘historic’ increase in FED ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad said on Wednesday that the government has made ... Published 30 Mar, 2023 06:35am
Pakistan Massive tax hike proposed for cigarette cos to benefit illicit firms: PMPL KARACHI: The unprecedented tax hike proposed for tax-paying tobacco companies would effectively favour the illicit... Published 16 Feb, 2023 06:08am