Counterfeit cigarettes
The FBR’s efforts to curb the trade of illicit cigaretted=s are commendable, however, national level policies are necessary such as the implementation of a track and trace system to disrupt the supply of these cigarettes. Illicit cigarettes are openly being sold in the country. This is not only hurting the country economically, but also affecting the country's tax-compliant sector. These illicit cigarette manufacturers have taken all steps to get out of the FBR’s jurisdiction, so that their illegal activities continue without any issues.
In a recent raid in Kunri, the FBR seized a stock of 353 cartons of illicit cigarettes which, if sold, would have caused a loss of Rs7 million in taxes to Pakistan. This amount has revealed tax evasion of millions of rupees in just one case, one can only imagine the overall monetary loss to the country’s economy due to the sale of these items.
Abu Bakar
Karachi
-
CDC Expands Mandatory Ebola Screening To Atlanta’s Hartsfield-Jackson International Airport -
Idris Elba Gets Candid About James Bond Casting Rumours -
Miley Cyrus Fiancé Maxx Morando Mocked Over Walk Of Fame Photoshoot -
Kyle Busch's Family Reveals NASCAR Racer's Cause Of Death -
China’s DeepSeek Restructures Pricing With A Permanent 75% Cut On V4-Pro AI Model -
Whereabouts Of Katie Price's Husband Lee Andrews Confirmed By His Father -
UK Dog Owners Could Regret It For Life If They Ignore These Heatwave Rules -
Ella Bleu Travolta Talks About Famous Parents John Travolta, Kelly Preston's Support -
Princess Diana's Brother Shares Good News After Marriage -
How AI Is Fast-tracking Search For Drugs To Treat Brain Conditions -
UFOs Damage Human Brains? Stanford Scientist Makes Chilling Claims -
Paul Simon Says One Classic Hit Could Still Be Around In 100 Years -
How Microsoft Is Fixing AI Bias In Blind Representation -
Italy Shuts Down Piracy Network Linked To $348m Losses For Netflix -
Piers Morgan, Who Called Stephen Colbert A Hypocrite Over Kate Middleton, Reacts To His Last Show -
Katie Price Faces Doubt As She Releases Emotional Song For 'missing' Husband Lee Andrews