FED on cigarettes helped raise Rs 11.3 billion more revenue

Taxation is a key revenue source for any government and taxing non-essential items such as tobacco leads not only to a cut in budget deficit but also in the expenditure on diseases. Malik Imran, Country Head, Campaign for tobacco-free kids (CTFK), mentioned that due to government’s decision of increasing Federal Excise Duty (FED) on cigarettes […]