LUMS Study Reveals Taxation Impact on Pakistan’s Cigarette Sector
ISLAMABAD: A recent study by the Lahore University of Management Sciences (LUMS), titled ‘Impact of Taxation on the Cigarette Sector in Pakistan’, has uncovered a pressing issue that demands immediate attention-the impact of tax policies, particularly Federal Excise Duty (FED) adjustments, on Pakistan’s cigarette industry which is causing more loss to government in revenues loss…