Fruit juice industry rejects 20pc FED ISLAMABAD: The fruit juices industry has out rightly rejected 20 percent federal excise duty (FED) in amended ... Published 26 Jun, 2023 06:38am
Print Bonus share, super tax: Senate panel rejects all sections of Finance Bill All deferred items of Customs Act were accepted after due deliberation Updated 17 Jun, 2023 12:37pm
Print Cigarettes, juices: FED reduction likely ISLAMABAD: In an unexpected move, the amended Finance Bill 2023 to be announced on June 23 is expected to decrease... Updated 16 Jun, 2023 08:59am
Business & Finance Comments on FY2023-24 Budget The Finance Bill 2023 did not bring any substantial change in the tax policy as all major revenue measures are aimed... Updated 12 Jun, 2023 06:46am
Print Royalty, tech services fee added: Scope of FED on services enlarged ISLAMABAD: The scope of Federal Excise Duty (FED) on services has been proposed to be enhanced by adding royalty and... Published 10 Jun, 2023 04:28am
Print Tobacco industry: FBR anticipates Rs200bn collection on FED hike ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect around Rs200 billion from the tobacco... Updated 22 May, 2023 09:09am
Business & Finance Manufacturing unit: T&T system installation decreases overall sales of illicit cigarettes ISLAMABAD: The installation of the track and trace system at the manufacturing units has decreased the overall sales... Published 19 May, 2023 06:17am
Print Juices, aerated water: FBR reviewing FED structure in budget ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing federal excise duty (FED) structure on juices and aerated... Updated 19 May, 2023 09:03am
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 Market share of smuggled cigarettes likely to increase by 50pc LAHORE: Illicit cigarette brands account for a significant portion of the market, and the tax discrepancy caused by... Published 10 May, 2023 06:03am
Business & Finance Tobacco firms may show less production after FED hike: PANAH ISLAMABAD: Sana Ullah Ghumman, General Secretary and Director Operations of Pakistan National Heart Association... Published 07 May, 2023 03:21am
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 FBR rescinds SRO but new FED rates on cigarettes to remain intact ISLAMABAD: The Federal Board of Revenue (FBR) has rescinded SRO 178(I)/2023 which has considerably increased the... Published 03 May, 2023 06:42am
Print FED on tobacco products: Govt may get additional revenue of Rs60bn ISLAMABAD: The government has estimated to generate an additional revenue of at least Rs60 billion following raise... Updated 02 May, 2023 08:50am
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
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Business & Finance Cigarette industry: FBR seeks to generate extra Rs185bn revenue thru FED, GST ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to generate additional revenue of around Rs185 billion... Published 19 Apr, 2023 06:36am
Pakistan Govt urged to stick to new FED rate on cigarettes ISLAMABAD: Health activists have urged the government to remain steadfast on its decision to double the Federal... Published 17 Apr, 2023 06:41am
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 Over 210,000 smokers die annually due to health issues: report ISLAMABAD: Over 210,000 people die every year in Pakistan due to smoking-related health issues, according to a... Published 14 Apr, 2023 05:59am
Business & Finance Rise in FED gives informal cigarette industry a huge boost ISLAMABAD: The illicit cigarette industry captured the overall market of documented cigarette manufacturers in April... Published 13 Apr, 2023 06:37am
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
Pakistan AJK govt notifies huge increase in FED on cigarettes ISLAMABAD: The Central Board of Revenue Azad Kashmir on Tuesday substantially raised Federal Excise Duty on... Published 01 Mar, 2023 07:30am
Print 17pc tax applicable on mobile phones valuing above $200 ISLAMABAD: There is no change in sales tax regime of locally manufactured mobile phones and imported mobile phones... Updated 01 Mar, 2023 09:04am
Pakistan Increase in FED on cigarettes: Health activists satisfied with new govt measure ISLAMABAD: Health activists Friday expressed satisfaction over signing of Finance (Supplementary) Act, 2023 by... Published 25 Feb, 2023 06:23am
Print Anomaly in excise duty: Illegal cigarette trade will get a big boost ISLAMABAD: The anomaly created by the Federal Board of Revenue (FBR) in new excise duty structure of cigarettes to... Updated 25 Feb, 2023 08:59am
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
Business & Finance Rs170bn taxes apply to meet IMF conditions: President signs finance bill into law ISLAMABAD: President Arif Alvi Thursday signed the Finance (Supplementary) Bill, 2023, implementing additional taxes... Published 24 Feb, 2023 06:00am
Print Import of luxury items ST: FBR empowered to impose higher rate of 25pc ISLAMABAD: The Finance (Supplementary) Act, 2023 has empowered the Federal Board of Revenue (FBR) to impose a higher... Updated 24 Feb, 2023 08:45am
Print Air tickets: new rates of FED fixed According to the new rates, the FED would be applicable on club, business and first-class air tickets issued on or after the date of commencement of the Finance (Supplementary) Bill 2023 Updated 21 Feb, 2023 12:40pm
