In the tobacco industry, there is widespread tax evasion, with 52 illicit manufacturers controlling 48 percent of the market share. Surprisingly, only 2 legal companies contribute 98 percent of the taxes collected from this sector. The upcoming threshing season provides an opportunity for the government to step up enforcement efforts.
ISLAMABAD: The Federal Board of Revenue (FBR) is facing losses of Rs 12.5 billion in tax revenues owing to the inability of the tax machinery to collect Rs 390 per kilogram Advance Withholding Tax at the stage of Green Leaf Threshing (GLT) processing of tobacco leaf.
EDITORIAL: The tobacco manufacturing industry is the single largest contributor to the Federal Board of Revenue's (FBR's) Federal Excise Duty (FED) collection with a 37 percent share in FY2022. Likewise, it also features in the top seven of major General Sales Tax (GST) contributors with a 3 percent share.
Leaders of tobacco growers voiced their concerns about suffering losses as tobacco purchasing companies showed preference towards traders, leaving the farmers at a disadvantage. They urged the companies to purchase tobacco directly from growers, emphasizing that the involvement of middlemen harmed their interests.
SWABI: Leaders of tobacco growers on Thursday claimed that they suffered losses as tobacco purchasing companies preferred traders to them.
THREE years ago, in 2020, GLOBOCAN, the global platform for cancer statistics, cited 10,538 new cases of lung cancer in Pakistan, making it the third most common cancer in the country after breast and oral cavity cancer. While two regional cancer registries, including the Karachi Cancer Registry (KCR) and Punjab Cancer Registry, are a substantial source of data related to lung cancer, the figures don’t give a precise picture since there is no central population-based cancer registry.
LAHORE - Punjab Minister for Primary and Secondary Healthcare Dr. Jamal Nasir has informed that the Punjab government has constituted implementation and monitoring committees at the provincial as well as divisional levels for enforcement of legislation with regard to tobacco control in the province.
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