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cigarettes

Move to discourage consumption: ‘FED on cigarettes hiked by 146pc on WHO’s advice’

ISLAMABAD: Pakistan has taken big strides, increasing federal excise duty (FED) by 146 percent on cigarettes in line...

Published 09 Dec, 2023 05:46am

World

Alcohol taxes aren’t high enough: says WHO

LONDON: The World Health Organisation urged governments on Tuesday to increase taxes on alcoholic drinks and impose...

Published 06 Dec, 2023 04:27am

Business & Finance

Share of cigarettes in FED collection jumps to 40pc

ISLAMABAD: The Federal Board of Revenue’s (FBR) latest Yearbook (2022-23) data confirmed that share of cigarettes...

Published 03 Dec, 2023 02:59am

Business & Finance

Share of cigarettes in FED collection rises

ISLAMABAD: The share of cigarettes in overall Federal Excise Duty (FED) collection has increased to 40 percent ...

Published 29 Nov, 2023 05:09am

Pakistan

Crackdown on fake cigarettes gains momentum, CHI urges continued action

LAHORE: While commendable progress has been made in curbing retailers, there remains a pressing need to address the...

Published 18 Nov, 2023 06:03am

Business & Finance

Increase in FED on cigarettes: Health advocates call for implementation of World Bank’s recommendation

ISLAMABAD: Health advocates called for immediate implementation of the latest recommendation of the World Bank (WB)...

Published 18 Nov, 2023 06:03am

Editorials

Non-duty paid cigarettes

EDITORIAL: Authorities seem pretty proud of the “historic seizure” of 16 million non-duty paid/counterfeit...

Published 16 Nov, 2023 05:39am

Pakistan

Contraband cigarettes worth Rs156m seized

ISLAMABAD: Pakistan Customs had constituted special teams to lunch anti-smuggling operations against foreign origin...

Published 10 Nov, 2023 03:07am

Business & Finance

WB seeks higher rates of FED on all brands of cigarettes

ISLAMABAD: The World Bank (WB) has strongly recommended higher rates of the federal excise duty (FED) on all brands...

Published 06 Oct, 2023 03:03am

Pakistan

Bid to smuggle foreign cigarettes worth Rs41.5m foiled

KARACHI: Anti-Smuggling Organization (ASO) of the Collectorate of Customs Enforcement Karachi has thwarted an ...

Published 19 Sep, 2023 06:31am

Business & Finance

Sale of cigarettes below minimum price: PTC clarifies FBR’s enforcement action does not pertain to its operations

ISLAMABAD: The Pakistan Tobacco Company Limited (PTC) on Wednesday categorically clarified that the Federal Board of...

Published 24 Aug, 2023 06:22am

Business & Finance

Multinational cigarette makers accused of creating misunderstanding about FED hike

ISLAMABAD: Capital Calling, a network of academic researchers and professionals, has stated that the government is...

Published 24 Aug, 2023 06:22am

Business & Finance

Call for curbing illegal cigarette manufacturing

LAHORE: The illicit cigarette trade not only burdens the national treasury but also poses a significant hindrance to...

Published 23 Aug, 2023 05:50am

Business & Finance

650 cartons impounded: FBR initiates crackdown on mispricing of cigarettes

KARACHI: The Federal Board of Revenue (FBR) has launched a crackdown on mispricing of cigarettes and has impounded...

Published 23 Aug, 2023 05:50am

Share of smuggled cigarettes further increases: Documented sector demands govt take action

Pakistan Tobacco Company (PTC) apprehends that the market share of the illicit tobacco sector would further cross 53 percent in the next quarter of 2023-24

Updated 21 Aug, 2023 09:58am

Pakistan

E-cigarettes can help people quit smoking easily: experts

ISLAMABAD: Experts suggested that the e-cigarettes are effective in helping people to stop smoking, as they are less...

Published 24 Jul, 2023 06:11am

Pakistan

‘Illicit cigarette manufacturers exploit export quotas, evade advance tax’

LAHORE: The so-called companies manufacturing illegal brands of cigarettes are evading taxes at the retail level and...

Published 20 Jul, 2023 03:12am

Business & Finance

Cigarettes: Rs364bn can be generated by maintaining enhanced FED slabs

Islamabad: The government can generate around Rs 364 billion from the tobacco sector in 2023-24 by maintaining the...

Published 21 Jun, 2023 05:21am

Pakistan

Customs seizes Rs303m smuggled cigarettes

KARACHI: Customs Intelligence has seized smuggled cigarettes worth Rs303 million during a ten-day nationwide...

Published 20 Jun, 2023 03:16am

Business & Finance

Multinational cos propose 30pc cut in FED on cigarettes

ISLAMABAD: A multinational cigarette manufacturing company has approached the government to reduce the Federal ...

Published 20 Jun, 2023 03:16am

Pakistan

Customs seizes smuggled cigarettes worth Rs303m

KARACHI: Customs Intelligence on Friday claimed to have seized smuggled cigarettes worth Rs. 303 million during a...

Published 17 Jun, 2023 06:13am

Pakistan

Quetta Customs seizes smuggled cigarettes worth Rs102.05m

KARACHI: In a major operation targeting the rampant smuggling of cigarettes, the Customs Enforcement Quetta carried...

Published 13 Jun, 2023 06:00am

Business & Finance

Smuggling of cigarettes: FBR receives praise from health activists/advocates

ISLAMABAD: In a commendable display of efficiency, the Federal Board of Revenue (FBR) Thursday received praise from...

Published 09 Jun, 2023 06:20am

Business & Finance

Philip Morris boss campaigns to sell more heated tobacco

LONDON: US tobacco giant Philip Morris International is fighting to get Britain, France and other countries to make...

Published 27 May, 2023 06:09am

Business & Finance

FED on cigarettes: health activists for further hike

ISLAMABAD: Health activists and civil society organisations have demanded of the government to further increase ...

Published 21 May, 2023 04:00am

Business & Finance

Cigarettes: FBR generates additional Rs11.3bn under FED

ISLAMABAD: The Federal Board of Revenue (FBR) has so far generated an additional amount of Rs11.3 billion under the...

Published 18 May, 2023 06:10am

Business & Finance

Pakistan selling cheapest cigarettes in region: Study

ISLAMABAD: Pakistan is selling cheapest cigarettes in the region, revealed a research study on Thursday. For...

Updated 05 May, 2023 07:06am

Business & Finance

Higher taxes ‘most effective’ tool to curtail tobacco consumption: PIDE study

ISLAMABAD: A study conducted by the Pakistan Institute of Development Economics (PIDE) has confirmed that the...

Published 22 Apr, 2023 03:38am

Pakistan

Huge rise in FED on cigarettes: govt urged to remain ‘steadfast’

ISLAMABAD: Health activists urged the government to remain steadfast on its major decision of doubling the Federal...

Published 14 Apr, 2023 05:59am

Pakistan

Experts hail govt’s decision to enhance tax rate on cigarettes

ISLAMABAD: The social activists and health experts Sunday highly appreciated government’s decision of higher...

Published 10 Apr, 2023 06:45am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 9 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 9 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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