Search

CM Gandapur rejects tax on naswar in KP budget 2024

06:00 PM | 24 May, 2024
Tax on naswar

Khyber Pakhtunkhwa's Chief Minister, Ali Amin Gandapur, has taken a firm stand against the proposition to impose taxes on Naswar in the province's upcoming budget for 2024.

During a pivotal meeting of the KP cabinet convened to finalize budgetary recommendations for the forthcoming fiscal year, CM Gandapur outrightly opposed the suggestion to tax Naswar, a popular moist tobacco product predominantly used by individuals from lower-income backgrounds.

Naswar, a powdered tobacco mixture commonly consumed in various regions including Afghanistan, Pakistan, and neighboring countries, is typically placed under the lower lip or inside the cheek for extended periods, known for its addictive properties.

While Naswar holds cultural significance in many communities, concerns regarding its adverse health effects have prompted debates over its taxation. Medical experts caution against its consumption due to associated risks such as severe gum infections, jaw complications, tooth loss, and potential links to oral cancer.

CM Gandapur's stance underscores the complex intersection of public health and fiscal policy, balancing cultural practices with considerations for public well-being. As discussions surrounding the 2024 budget unfold, the fate of Naswar taxation remains a subject of deliberation, reflecting broader societal dialogues on health regulation and taxation.

Advertisement

Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 21 August 2024

Pakistani rupee rates against US Dollar and other currencies on August 20, 2024 (Tuesday) in open market.

USD to PKR Rate Today

US dollar was quoted at 279.5 for buying and 280.4 for selling. Euro's buying rate moved up to 306.4 and the selling rate is 308.6.

British Pound rate is 360 for buying, and 362.3 for selling. UAE Dirham AED was at 75.9 and Saudi Riyal hovered at 73.82.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 280.5
Euro EUR 306.4 308.6
UK Pound Sterling GBP 360 362.3
U.A.E Dirham AED 75.9 76.32
Saudi Riyal SAR 73.82 74.52
Australian Dollar AUD 185.65 189.25
Bahrain Dinar BHD 734 739.5
Canadian Dollar CAD 202.65 207
China Yuan CNY 38.29 38.69
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.97 1.98
Kuwaiti Dinar KWD 905.45 910.6
Malaysian Ringgit MYR 58.99 59.59
New Zealand Dollar NZD 169.34 171.34
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 723.4 728.5
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.27 26.57
Swiss Franc CHF 319.5 324.5
Thai Bhat THB 7.57 7.72

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter