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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.

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Currency Rates in Pakistan - PKR to US Dollar, Euro, Dirham, Riyal 18 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 18, 2024 (Tuesday) 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.

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

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