More levies may keep youth away from cigarettes

November 27, 2014 by admin News 0 comments

The Federal Board of Revenue (FBR) will be launching electronic monitoring system in early months of next year for monitoring production of cigarettes. A meeting of the technical working group on tobacco taxation was held under the chairmanship of Dr Amir Sheikh, joint secretary (admin), ministry of national health services, regulations & coordination.

Muhammad Zaheer Qureshi, secretary FBR, told the participants that FBR will be launching electronic monitoring system in early months of next year for monitoring production of cigarettes. He said that by implementing two-tier system, there would be maximum increase in tobacco tax revenues up to Rs 12.5 billion annually.

http://nation.com.pk/islamabad/27-Nov-2014/more-levies-may-keep-youth-away-from-cigarettes