FBR imposes excise duty on local cigarette
By News Desk
June 11, 2022
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmed said the tax target for the next fiscal year would be Rs7,004 billion, adding that Rs355 billion new taxes would be imposed in the budget.
The chairman FBR said Rs355 billion new taxes are imposed, while the excise duty has also been increased on domestic cigarettes. He said taxes are increased on local cigarettes that may cause increase of 20 to 40 paisa per cigarette.
-
Meghan Markle Hit With Reported $145m Blow Amid Public Feud With Piers Morgan -
Yaxel Lendeborg Scores 19 In Perfect NBA Summer League Debut -
Trump Says Iran 'Dying' To Settle As Talks Pause For Khamenei Funeral -
Dodgers' Shohei Ohtani To Miss Saturday After Leaving Game With Biceps Issue -
Did 'hobbit' Human Species Ever Hunt Or Use Fire? New Study Challenges Long-held Assumptions -
King Charles 'Project Thaw' For Prince Harry, Archie, Lilibet Fails Miserably -
Dave Chappelle Gives Insights Into Travis Kelce's Bachelor Party As NFL Star Weds Taylor Swift -
Air Force Confirms Flu Outbreak Death At Texas Military Base, Castro Says -
Thousands Lose Power In Halifax As Heat Wave Grips Nova Scotia -
Anya Taylor-Joy Expresses Gratitude Over Opportunity After Devastating LA Wildfires -
Trevor Rogers And Samuel Basallo Lead Orioles Past Reds 3-0 -
Trump Hails America's 'exceptional' Legacy, Takes Aim At Communism In US 250 Speech -
AI Outpaces Regulation, Europe’s Top Bankers And Regulators Warn -
Prince Harry’s UK Visit Plans Leaves Buckingham Palace ‘weary And Wary’ -
Taylor Swift Faces Backlash From Whitehouse On Wedding Day -
Did Ronaldo Say 'Bismillah' Or 'vais Marcar'? Viral World Cup Moment Explained