Pakistan, May 12 -- ACT Alliance Pakistan has appreciated the Federal Board of Revenue for its recent actions against illegal tobacco trade, illegal cigarette manufacturing, non-duty-paid stock, and violations of the Track and Trace System (TTS), which will result an increase of approx 50 billion in tax revenue during current financial year. These enforcement steps show that the real revenue challenge in Pakistan's cigarette sector is not the tax rate on legal products alone, but the expanding illegal cigarette economy that continues to steal market share and public revenue.
Mubashir Akram, Country Director, ACT Alliance Pakistan said in a statement that it is unfortunate that several foreign-funded local NGOs continue to focus almost ex...
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