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.
Minister for Federal Education and Professional Training Dr. Khalid Maqbool Siddique as the chief guest and other...
Jamal Said posing for photo after earning the title of Backyard Ultra-World Team Champion of Pakistan 2024 by...
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Female of Pakistan Blind Sports Federation playing goal ball on the occasion of 2 Day Blind Sports event of archery...
Planning and development minister Ahsan Iqbal addressing the participants about the plan for short-term training of...
A representational image of health card seen in this image. — Reporter/FileIslamabad:Rawal Institute of Health...