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Infinite Load Articles
High taxes brew illicit tea trade
KARACHI:
Macroeconomic analysts and tea experts warn that the burgeoning illicit tea trade poses both economic and health hazards. High taxes and tariffs on legally-imported...
‘Pakistan loses Rs10bn annually due to illicit tea trade’
KARACHI: Pakistan is losing Rs10 billion annually in duties and taxes because of the illicit tea trade.
Illegal trade is not only causing losses to...
Call for curbing illicit cigarette trade
LAHORE: The government must strictly enforce the implementation of the Track and Trace (T&T) System in the cigarette manufacturing sector, which has the potential...
MNC Exodus: A Crisis of Confidence Fueled by Inconsistent Policies
Pakistan is witnessing an unprecedented exodus of multinational companies, signalling a grave crisis of confidence in its economy.
Despite Pakistan's promising market, rich in consumer...
Concerns voiced over delay in TTS implementation
LAHORE: The effective implementation of the Track & Trace System (TTS) has the potential to contribute billions of rupees to the national treasury, which...
Illicit Cigarette Manufacturers Exploit Exports Quota to Evade Tax
Karachi, March 28, 2024 – Cigarette manufacturers in Pakistan are finding loopholes in export regulations to evade taxes, causing significant losses to the national...
