Trends - tobacco sector - Business Recorder

tobacco sector

Illicit trade, smuggling: MoC says it doesn’t maintain any related data

Suggests a 'Whole-of-Government' approach to address the issue comprehensively

Updated 06 Jun, 2025 02:51pm

Business & Finance

Rs415 billion in losses raise alarms over tobacco enforcement

While regulators tighten the noose around Pakistan’s formal tobacco sector, the real threat is expanding in plain...

Published 05 Jun, 2025 10:26pm

Business & Finance

Webinar titled ‘Pak-Indonesia trade potential in tobacco sector’ held

JAKARTA: The Agro & Food Division, in collaboration with the Trade Mission of Pakistan in the Indonesia,...

Published 04 Jun, 2025 03:03am

Pakistan

PIMA for effective implementation of anti-tobacco laws

ISLAMABAD: Pakistan Islamic Medical Association (PIMA) urged the authorities to ensure the effective implementation...

Published 30 May, 2025 06:03am

Business & Finance

Tobacco taxation discourse: Concern raised over recurring pattern of global interventions

ISLAMABAD: Mubashir Akram, National Convenor of ACT Alliance Pakistan, has emphasised the need to safeguard...

Updated 30 May, 2025 06:54am

Business & Finance

Tobacco exports surpasses $100m

ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain on Friday said that...

Published 24 May, 2025 07:21am

Business & Finance

SPDC flags concerns as tobacco sector seeks tax relief in budget

LAHORE: The tobacco industry has called on the government to introduce a third tax tier and lower Federal Excise ...

Published 22 May, 2025 06:08am

Editorials

Pakistan’s smuggling epidemic

EDITORIAL: For decades, illicit trade and smuggling of goods across multiple sectors have imposed a crippling drain...

Updated 21 May, 2025 07:41am

Business & Finance

Tobacco revenue can increase by bringing illicit trade into tax net

KARACHI: The country’s annual revenue from the tobacco industry could more than double from the current Rs 270...

Published 14 May, 2025 06:26am

Tax evasion: PM Shehbaz orders action against individuals, sectors

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday ordered a sweeping crackdown on tax evasion, calling for strict...

Updated 14 May, 2025 09:51am

Tobacco, poultry sectors accused of evading Rs400bn tax

ISLAMABAD: Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial, Friday, disclosed massive tax...

Updated 10 May, 2025 08:51am

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Pakistan

Raising tobacco taxes right approach to reducing smoking rates?

KARACHI: A growing debate in Pakistan questions whether raising tobacco taxes is the right approach to reducing...

Published 18 Mar, 2025 08:36am

ACT Alliance report: Tax regime inflicts huge losses on economy

ISLAMABAD: Pakistan’s economy is losing over a staggering Rs300 billion annually due to an unsustainable tax regime,...

Updated 13 Mar, 2025 08:43am

Beverages, tobacco and real estate sector: FBR proposes reduction in tax rates

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed reduction in tax rates on beverages, tobacco and real...

Updated 07 Mar, 2025 08:45am

Business & Finance

SDPI holds seminar: Speakers highlight need for robust tobacco tax policy

ISLAMABAD: Speakers at a seminar on Monday expressed serious concern that the absence of taxation on smokeless...

Published 19 Nov, 2024 06:34am

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Opinion

Tobacco taxes – treaties, tensions, and trends

Pakistan faces a pressing need for a sustainable tobacco taxation policy, particularly as tobacco use imposes severe...

Published 13 Nov, 2024 07:15am

Pakistan

Higher taxes lower cigarette consumption: study

ISLAMABAD: The consumption of cigarettes in Pakistan has witnessed a decline after the government took a bold...

Published 18 Apr, 2024 03:24am

Track and trace system: PM directs removal of all legal hitches

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that all the legal obstacles in the full implementation of the...

Updated 26 Mar, 2024 08:51am

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

PTC holds session on efficacy of T&T in tobacco sector

ISLAMABAD: The success of Track & Trace System in Pakistan will depend upon the implementation of the system in...

Published 12 Nov, 2023 03:14am

‘Illicit cigarettes to inflict Rs300bn annual loss on kitty’

ISLAMABAD: The documented tobacco industry has estimated to pay Rs242 billion federal excise duty/sales tax in the...

Updated 13 Oct, 2023 08:46am

Editorials

So much for track and trace

EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue...

Published 09 Sep, 2023 06:20am

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

Illicit trade: Cigarette makers question FBR’s performance

ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...

Updated 22 Jul, 2023 09:45am

Business & Finance

NA told: Tobacco sector tax evasion touches Rs240bn mark

ISLAMABAD: The parliamentarians were informed during the National Assembly session that the tax evasion in the...

Published 16 Jun, 2023 06:27am

Business & Finance

Tobacco sector: significant decline in sales hitting national exchequer

ISLAMABAD: The documented tobacco sector in Pakistan is experiencing a significant decline in sales, resulting in a...

Published 26 May, 2023 06:48am

Business & Finance

Hike in FED on tobacco to hit govt’s revenue collection efforts

KARACHI: The recent increase in the Federal Excise Duty (FED) on the tobacco sector will lead to reduction in the...

Published 25 Feb, 2023 06:23am

Pakistan

Market flooded with smuggled cigarettes, reveals survey

ISLAMABAD: Pakistani markets are once again flooded with smuggled and non-duty paid cigarettes with no tax stamps,...

Published 14 Nov, 2022 05:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	144.50
USD to Swiss Franc / Jun 12	0.81
Pound Sterling to USD / Jun 12	1.36
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
India Sensex / Jun 12	81,691.98
Tokyo Nikkei / Jun 12	37,685.10
Nasdaq / Jun 12	19,662.48
Hang Seng / Jun 12	23,873.24
FTSE 100 / Jun 12	8,884.92
Dow Jones / Jun 12	42,967.62
Germany DAX 30 / Jun 12	23,771.45
France CAC40 / Jun 12	7,765.11

Item	Value
Crude Oil USD/Barrel / Jun 12	74.04
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Gold Spot USD/Ounce / Jun 12	3,450.10
Cotton US¢/pound / Jun 12	67.63
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.48 ▲ 0.55 (28.5%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.36 ▲ 0.24 (11.32%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Kohat Textile / Jun 13 Kohat Textile Mills Limited(KOHTM)	89.44 ▲ 8.13 (10%)
Blessed Tex. / Jun 13 Blessed Textiles Limited(BTL)	292.29 ▲ 26.57 (10%)
Dewan Automotive Eng. / Jun 13 Dewan Automotive Engineering Limited(DWAE)	36.74 ▲ 3.34 (10%)

Stock	Price
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.22 ▼ -1.25 (-10.02%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
First Capital Equities / Jun 13 First Capital Equities Limited(FCEL)	3.65 ▼ -0.36 (-8.98%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	38.50 ▼ -3.7 (-8.77%)
Tandlianwala Sugar / Jun 13 Tandlianwala Sugar Mills Limited(TSML)	163 ▼ -15.14 (-8.5%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	40.29 ▼ -3.69 (-8.39%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	57,366,218 ▲ 0.55
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	18,923,118 ▲ 0
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	16,109,596 ▲ 0.69
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	14,500,654 ▼ -0.37
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,166,974 ▼ -0.16
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	13,609,202 ▲ 1
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	13,405,130 ▼ -0.76
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	12,778,358 ▼ -0.9
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	11,649,691 ▲ 0.24
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	11,198,372 ▼ -0.26

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