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No Way: Pakistani government to impose 17% tax on NASWAR

06:49 PM | 24 Dec, 2015
No Way: Pakistani government to impose 17% tax on NASWAR
ISLAMABAD (Staff Report) - The Capital Administration and Development (CAD) has suggested the Khyber Pakhtunkhwa government and Ministry of Finance to bring snuff (Naswar) into tax net.

According to CAD Naswar is also an industry like cigarette, sheesha and other tobacco items, it should be included in tax net from next year in ‘smoking free project’.

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According to official figures, more than 70 percent of the people in northwest province are in the habit of chewing Naswar. Many however, take it as a pinch and packed into the jowl.

CAD director has also suggested KP government and Ministry of Finance to register the persons having Naswar business.

Naswar from Dera Ismail Khan and Bannu is famous for its quality. It is made from fresh tobacco leaves, calcium oxide and wood ash.

According to the figures of  Pakistan Tobacco Board, there is a huge market for Naswar in the province estimated at around Rs. 6 billion annually.

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According to pulmonologists, use of Naswar directly causes lung, stomach and mouth cancer besides causing bronchitis, kidney, heart and other diseases.

Naswar is popular among all age groups from 12 years old to septuagenarians.

Women are also among Naswar addicts but it is more popular among the younger lot who imitate their elders.

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Currency Rates in Pakistan - Pakistani Rupee to US Dollar, Euro, Dirham, Riyal 13 June 2024

Pakistani currency rates against US Dollar and other currencies on June 13, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.6 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 350.5 for buying, and 353 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 75.9.

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.6 280.65
Euro EUR 296 299
UK Pound Sterling GBP 350.5 353
U.A.E Dirham AED 75 75.9
Saudi Riyal SAR 73.1 73.85
Australian Dollar AUD 182 184
Bahrain Dinar BHD 740.88 748.88
Canadian Dollar CAD 204 206
China Yuan CNY 38.38 38.78
Danish Krone DKK 40.14 40.54
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.19 917.19
Malaysian Ringgit MYR 59.3 59.9
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.52 731.52
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.5 205.5
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.94 312.44
Thai Bhat THB 7.56 7.71

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