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Health activists laud FBR's success in curbing smuggled cigarettes

12:48 AM | 9 Jun, 2023
Health activists laud FBR's success in curbing smuggled cigarettes

 
ISLAMABAD - In a commendable display of efficiency, the Federal Board of Revenue (FBR) has received praise from health activists for their proactive stance against the smuggling of cigarettes. Chairman Asim Ahmad's implementation of the Track and Trace System, along with the Directorate General of Customs Intelligence's ongoing crackdown on smuggled cigarettes, has earned appreciation from these activists.

The Directorates of Customs Intelligence in Karachi, Multan, and Peshawar recently conducted separate anti-smuggling operations on June 6 and 7, resulting in the seizure of millions of rupees' worth of smuggled cigarettes. Among the confiscated brands were Dunhill, Pine Mini, Royal Business, Speed Blue, Benson & Hedges, and Inhale.

The cumulative value of the seized cigarettes in these operations amounts to Rs. 79 million, with a total of 1,780,000 cigarettes recovered. These figures contribute to the overall tally for the current fiscal year, which now stands at 39,187,000 cigarettes with a combined worth of Rs. 1.093 billion.

Chairman Asim Ahmad of the FBR and the Director-General of Customs Intelligence expressed their congratulations to the Customs Intelligence teams in Karachi, Multan, and Peshawar for their successful operations. They also expressed their optimism that the momentum of anti-smuggling efforts would be sustained with even greater dedication.

The recent actions undertaken by the Federal Board of Revenue (FBR) against the smuggling of cigarettes deserve applause. Chairman Asim Ahmad's implementation of the Trace and Control System, combined with the relentless efforts of the Directorate General of Customs Intelligence, demonstrates the commitment of the FBR to combatting this illegal trade.

The seizure of smuggled cigarettes worth millions of rupees in recent anti-smuggling operations conducted by the Directorates of Customs Intelligence in Karachi, Multan, and Peshawar is a significant achievement. Such actions not only safeguard public health but also contribute to curbing the illegal trade that evades taxes, thereby impacting the national economy.

Health advocates while appreciating the efforts of FBR have at the same time suggested FBR be conscious of MNCs paid reports where they reveal inflated and exaggerated data regarding Illicit tobacco and on the bases of which try to get tax cuts. 
The representative of Capital calling Hassan Shahzad said that MNCs always speak about the illicit tobacco sector, however, the confiscated brands belong to their own companies.

 By thwarting these illegal activities, they not only protect public health but also contribute to the broader goals of revenue generation and upholding the rule of law.

The FBR's commitment to maintaining the momentum of anti-smuggling operations is vital. Continued efforts, supported by enhanced cooperation among relevant agencies, will be crucial in eradicating this illegal trade completely. Additionally, public awareness campaigns and stricter penalties for offenders can act as deterrents, preventing individuals from engaging in such activities in the first place.

The fight against cigarette smuggling requires a multi-pronged approach involving collaboration between government agencies, public support, and strict enforcement of regulations.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on Sept 30, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on September 30, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 286.05 289.15
Euro EUR 307 310
UK Pound Sterling GBP 353.3 357
U.A.E Dirham AED 80 80.8
Saudi Riyal SAR 76 76.75
Australian Dollar AUD 189 191
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.24 40.64
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – September 30, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 205,600 on Saturday.

The price of 10 grams of 24k gold was recorded at Rs 176,270. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 30 September 2023

City Gold Silver
Lahore PKR 205,600 PKR 2,450
Karachi PKR 205,600 PKR 2,450
Islamabad PKR 205,600 PKR 2,450
Peshawar PKR 205,600 PKR 2,450
Quetta PKR 205,600 PKR 2,450
Sialkot PKR 205,600 PKR 2,450
Attock PKR 205,600 PKR 2,450
Gujranwala PKR 205,600 PKR 2,450
Jehlum PKR 205,600 PKR 2,450
Multan PKR 205,600 PKR 2,450
Bahawalpur PKR 205,600 PKR 2,450
Gujrat PKR 205,600 PKR 2,450
Nawabshah PKR 205,600 PKR 2,450
Chakwal PKR 205,600 PKR 2,450
Hyderabad PKR 205,600 PKR 2,450
Nowshehra PKR 205,600 PKR 2,450
Sargodha PKR 205,600 PKR 2,450
Faisalabad PKR 205,600 PKR 2,450
Mirpur PKR 205,600 PKR 2,450

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