Deceptive tactics of tobacco industry Rs153b loss caused to national exchequer in last three years

January 11, 2020

Pakistan’s major tobacco industry caused a whopping loss of Rs153 billion to the national exchequer from 2016 to 2019 as it was levied low tax rate and allowed price adjustment of their most sold brands.

This was said by Malik Imran Ahmad from Campaign for Tobacco Free Kids while addressing the participants of a a session on ‘Loss of Revenue Because of Deceptive Tactics of Tobacco Industry” organized by Society for the Protection of the Rights of the Child (SPARC), Human Development Foundation (HDF) and Pakistan National Heart Association (PANHA) here on Friday.

Read more: Pakistan Observer