Experts call for curbing illicit trade Published 30 Sep, 2026 05:49am LAHORE: As Pakistan engages with an International Monetary Fund mission over revenue targets and fiscal discipline...
Indian consumer brands: The counterfeit advantage Updated 24 Aug, 2026 03:46pm Despite the suspension of formal trade between Pakistan and India, Indian consumer brands have not exactly...
Fiscal deficit puts illicit trade under spotlight Published 08 Jun, 2026 02:29am LAHORE: Pakistan’s widening fiscal deficit in the third quarter of FY 2025-26 has once again exposed deep structural...
Time to fully entrench tobacco track and trace system Published 05 May, 2026 06:01am The recent debate on discontinuing Paki stan’s Tobacco Track and Trace System (TTS) demands sober reflection, not...
‘Overvalued’ rupee renders exports uncompetitive: PBC Updated 12 Apr, 2026 05:03pm ISLAMABAD: The Pakistan Business Council (PBC) has stated that a slightly overvalued currency has rendered the...
Weak enforcement fuels illicit trade, undermines revenue targets Published 23 Mar, 2026 05:24am LAHORE: Pakistan’s struggle to meet its fiscal targets is predominantly fuelled by an expanding shadow economy...
NA panel told: Smuggling causes Rs750bn revenue loss Updated 26 Feb, 2026 05:49am ISLAMABAD: Federal Board of Revenue (FBR) Member Customs (Operations) Shakeel Shah said Wednesday that the ongoing...
FBR set to deploy Track & Trace System to many ‘high-risk’ sectors Updated 19 Jan, 2026 08:16am ISLAMABAD: Federal Board of Revenue’s strategy to strengthen revenue collection, counter illicit trade, and ...
Smuggling, illicit trade curbed in a big way: Jul-Nov POL products’ revenue jumps 82pc YoY, PM told Published 20 Dec, 2025 05:44am ISLAMABAD: Prime Minister Shehbaz Sharif was informed on Friday that revenue from petroleum products surged by 82...
Illicit trade: Govt urged to focus on recovering revenue lost Published 10 Sep, 2025 06:48am LAHORE: With Pakistan reeling from the aftermath of devastating floods and heavy monsoon rains, the government has...
‘Economy to suffer if PTB dissolved’ Published 07 Aug, 2025 05:56am LAHORE: Pakistan’s economy could face a substantial loss of estimated Rs700 billion from the tobacco sector if the...
Sectors including tobacco: ‘Illicit trade continues to be Achilles heel for revenue collectors’ Published 10 Jun, 2025 06:07am LAHORE: As the federal government gears up to present the FY 2025–26 budget today, illicit trade in sectors...
Tax evasion, smuggling: MoC and PRIME update Senate panel Published 07 Jun, 2025 04:59am ISLAMABAD: The meeting of the sub-committee of the Senate Standing Committee on Commerce, chaired by Senator Sarmad...
Illicit trade, smuggling: MoC says it doesn’t maintain any related data Updated 06 Jun, 2025 02:51pm Suggests a 'Whole-of-Government' approach to address the issue comprehensively
Tobacco industry distraction? Updated 24 May, 2025 08:13am As Pakistan grapples with economic instability and a looming revenue shortfall, the tobacco industry has once again...
Pakistan’s smuggling epidemic Updated 21 May, 2025 07:41am EDITORIAL: For decades, illicit trade and smuggling of goods across multiple sectors have imposed a crippling drain...
Pakistan loses Rs750bn tax revenue to illicit trade, smuggling yearly: report Updated 02 May, 2025 09:04am ISLAMABAD: Pakistan loses Rs 750 billion in tax revenue per annum due to illicit trade and smuggling, reflecting...
FBR’s efforts to stop tax leakages commendable Published 01 Nov, 2024 08:08am LAHORE: The government's recognition and efforts to curb tax evasion across the country are commendable; however,...
Call for taking action against illicit trade Published 29 Jul, 2024 06:37am LAHORE: Without expanding the tax base and strict implementing a comprehensive track and trace system, the ...
Health professionals assail trade of illicit, sub-standard tea Published 15 Jul, 2024 07:33am LAHORE: Terming the health risks associated with the illicit and sub-standard tea, health professionals said that...
TRACIT recommends ‘Anti-Illicit Trade Coordinator’ to deal with challenge of illicit trade Published 07 May, 2024 08:05am ISLAMABAD: The Transnational Alliance to Combat Illicit Trade (TRACIT) recommended “Anti-Illicit Trade...
Need stressed to implement much delayed TTS Updated 06 May, 2024 09:02am ISLAMABAD: Prime Minister Shehbaz Sharif’s recent commitment to robust tax enforcement has underscored the urgent...
Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’ Published 30 Mar, 2024 08:03am LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit...
Tobacco revenue may cross $2bn mark by curbing illicit trade Published 09 Mar, 2024 04:59am LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by...
Illicit trade: Cigarette makers question FBR’s performance Updated 22 Jul, 2023 09:45am ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...
Expert underscores need for dealing with illicit trade challenge Published 22 May, 2023 06:23am LAHORE: Terming inaccurate statistics regarding illicit trade in Pakistan as a significant barrier to making...
Govt considering imposing Rs300 FED on tobacco at GLT stage Published 04 Jun, 2022 04:18am ISLAMABAD: The government is considering a budget proposal of the documented tobacco industry to impose Rs300 ...