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The Nexus
BUSINESSJun 19 · 02:48 UTCDAWN[email protected] (Iftikhar A. Khan)

FBR tells Senate panel tobacco tax theft is Rs40bn, not $1bn

The Federal Board of Revenue (FBR) informed a Senate sub-committee that annual tobacco tax evasion is estimated at Rs40 billion, significantly lower than the government’s public claim of $1 billion. Senator Saifullah Abro criticized the discrepancy, demanding corrections to government advertisements and stricter enforcement against tax fraud, including potential arrests of senior officials.

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