Illicit cigarette trade costs Rs300b annually

Weak enforcement measures against illegal manufacturing, smuggling fuel revenue gap LAHORE: Effective control over tax evasion in the tobacco sector can significantly reduce the revenue deficit and enable the government to better withstand internal and external economic pressures. The evolving situation in the Middle East, coupled with the failure to meet tax targets, is putting…

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Trade, climate bodies aim to fix food supply chain

Dairy, food sectors sensitive to energy fluctuations, logistics inefficiencies, meeting told International experience shows that trade tends to stabilise border regions by creating employment, formalising economic activity, and aligning local incentives with peace and continuity. Photo: file ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with Romina Khurshid Alam, coordinator to the…

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