AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

ISLAMABAD: Former Federal Minister for National Health Services, Dr Nadeem Jan, Saturday, called for a significant increase of 50 percent in taxes (excise duty and sales tax) on cigarettes in the budget (2024-25).

Dr Jan stressed the importance of higher taxes as a measure to make cigarettes less accessible and to combat tobacco-related health issues effectively.

During an anti-tobacco awareness session hosted by the Centre for Research and Dialogue and IBC at federal capital here on Saturday, he critically addressed the cigarette industry’s claims that higher taxes would lead to a surge in illicit trade, labelling these assertions as misleading tactics aimed at persuading the government to lower taxes on tobacco products.

Jan pointed out the adverse impact of such misinformation on state revenues and public health. Despite industry pressures, he highlighted the efforts of the health ministry to implement policies to reduce smoking rates in Pakistan.

Jan advocated for the adoption of a single-tier taxation system to replace the current multi-tier system, which was influenced by the cigarette industry under the pretext of combating illicit trade.

Reiterating Pakistan’s commitment to the Framework Convention on Tobacco Control (FCTC), he called for a unified pricing system to simplify regulation and discourage tobacco use.

Malik Imran, Country Head of the Campaign for Tobacco-Free Kids, also spoke at the session, emphasiSing the economic burden of tobacco consumption on the country, estimated at an annual loss of Rs615 billion. Imran criticized the tobacco industry’s undue influence on government policy and its unfounded warnings against tax increases, which contradict the industry’s record-high revenues and the government’s doubled revenue from the previous financial year.

Both speakers underscored the necessity of stringent regulation and public awareness to counter the tobacco industry’s misleading claims and propaganda, including on social media platforms, advocating for a significant tax increase on tobacco products as supported by the World Bank’s findings.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Bilal Mar 19, 2024 04:44am
Could this ex-minister be any more dishonest with the country ? Is it not a fact that due to the hike in FED over cigarettes since last Feb the share of market of illicit sector has increased to 60%?
thumb_up Recommended (0)