Search

Pakistan may lose nearly 50 billion in tax if 10-stick cigarette packs get permission

11:01 AM | 23 Apr, 2024
Pakistan may lose nearly 50 billion in tax if 10-stick cigarette packs get permission

ISLAMABAD - Health activists have raised concerns about recent attempts by the tobacco industry to introduce 10-stick packs.

According to the activists, this move not only undermines the progress made in tobacco control but also targets children and low-income individuals, who are most vulnerable to the harmful effects of tobacco consumption.

Malik Imran Ahmed, Country Head of Campaign for Tobacco-Free Kids, stated that the attempts by the tobacco industry to introduce 10-stick packs are deeply concerning. It not only undermines the progress made in tobacco control but also targets vulnerable groups such as children and low-income individuals who are more likely to purchase these products. Many countries have banned the sale of single-stick and small-stick packets due to their ease of purchase and high health burden.

Imran added that the tobacco industry's claims of being one of the highest contributors to the economy are false. This contribution is forced in the form of direct taxes, and even those taxes are not up to the benchmark recommended by the WHO and World Bank. The tobacco industry still makes a profit from under-reporting, price adjustment, and selling its products in the illicit market.

 Allowing 10-packet cigarettes for export could lead to their sale in the local market as counterfeit products. Therefore, to keep people safe, it's better not to allow these packets in the first place. The tobacco industry doesn't have legal permits for these so-called export deals, and the burden caused by these deadly products on the national exchequer is much higher than these so-called export deals. The government should stay vigilant.

Dr Khalil Ahmad Dogar, Program Manager, SPARC, said that with approximately 31.9 million adults aged 15 years and above reported as current tobacco users, constituting nearly 19.7% of the adult population, the consequences of tobacco consumption extend far beyond individual health. 

Dr Khalil urged the government to take proactive measures to protect public health and prevent the exploitation of vulnerable groups by the tobacco industry. He called upon the authorities to reject any proposals that endanger the health and well-being of citizens.

Daily Pakistan Global Web Desk

Advertisement

Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 19 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 19, 2024 (Wednesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.50 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 349.7 for buying, and 353.25 for selling.

UAE Dirham AED was at 74.80 and Saudi Riyal at 72.80.

Forex Rates 

Currency Symbol Buying Selling
US Dollar USD 277.50 280.65
Euro EUR 296.00 299.00
UK Pound Sterling GBP 349.70 353.25
U.A.E Dirham AED 74.80 75.60
Saudi Riyal SAR 72.80 73.55
Australian Dollar AUD 182.00 184.00
Bahrain Dinar BHD 741.18 749.18
Canadian Dollar CAD 204.00 206.00
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.18 40.58
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 909.34 909.34
Malaysian Ringgit MYR 59.30 59.90
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.88 731.88
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.65 205.65
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 311.90 314.40
Thai Bhat THB 7.58 7.73

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter