Islamabad:The Society for the Protection of the Rights of the Child (SPARC) on Wednesday organised a launching event for the policy brief ‘Facts vs Industry Narrative: Cigarette Production and Taxation in Pakistan’, published by Social Policy and Development Centre (SPDC).
Principal Economist of SPDC Muhammad Sabir on the occasion said, “There are three listed companies which are the country’s major cigarette producers, accounting for more than 90% of total cigarette production in Pakistan.”
These include Pakistan Tobacco Company (PTC), Phillip Morris Pakistan (PMPK), and Khyber Tobacco Company. Analysis of the financial statements of these companies reveals that the net turnover and gross profit of the companies altogether increased from Rs72 billion during Jul 2021 Mar 2022 to Rs94 billion during Jul 2022 Mar 2023.
Islamabad : Farmers held a protest against the companies on non-compensation of tobacco rate procured from the...
— the unbelievable but heartening report that although residents of a small village in Khyber-Pakhtunkhwa’s Buner...
Islamabad : The haunting phantom of rape continues to cast its dark shadow over the lives of countless women and...
Rawalpindi 100-kanal graveyard for minorities under the Shehr-i-Khamoshan project here at Rakh Dhamial would be...
Rawalpindi : Prices of fruits and a number of vegetables witnessed a rise in Rawalpindi’s kitchen markets, with...
Islamabad : A two-day vibrant and culturally rich exhibition, 'Hand Made Pakistan,' presented by the Handicraft...
