FBR clarifies imposition of Health Levy on tobacco consumption

News Image

MG News | January 21, 2020 at 10:35 PM GMT+05:00

Jan 21, 2020: The Federal Board of Revenue (FBR) on Tuesday issued a clarification on a news item appeared in a section of press about the imposition of health levy on tobacco consumption.

The clarification said that the legal and constitutional experts hold the view that health is a provincial subject and federation cannot levy health tax on tobacco consumption.

As a result, it was decided to enhance the Federal excise duty on cigarettes in order to discourage smoking. The Parliament through Finance Act 2019 abolished three tiered tax structure on cigarettes and also enhanced the FED significantly.

In the Budget Speech 2019-20, the then Revenue Minister had clarified that federal share of Federal Excise Duty realized from tobacco sector would be preferably allocated to Ministry of National Health Services Regulations and Coordination.

Resultantly issue of health levy stands resolved and the information contained in the news item is incomplete, the clarification added.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 180,104.61
388.90M
-0.11%
-206.60
ALLSHR 108,838.05
888.10M
-0.14%
-150.10
KSE30 53,603.57
82.09M
-0.20%
-109.40
KMI30 252,988.26
112.53M
-0.14%
-356.16
KMIALLSHR 69,789.36
622.55M
0.02%
11.95
BKTi 51,939.19
21.86M
-0.35%
-181.79
OGTi 35,691.88
10.10M
0.01%
3.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,515.00 64,115.00
63,375.00
60.00
0.09%
BRENT CRUDE 88.26 89.07
85.85
-0.72
-0.81%
RICHARDS BAY COAL MONTHLY 110.25 110.50
110.25
-0.50
-0.45%
ROTTERDAM COAL MONTHLY 122.00 122.00
122.00
-0.60
-0.49%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 82.57 83.30
80.09
-0.70
-0.84%
SUGAR #11 WORLD 16.73 16.79
16.27
0.31
1.89%

Chart of the Day


Latest News
August 13, 2026 at 04:59 PM GMT+05:00

SECP suspends proposed acquisition of Al Shaheer corporation


August 13, 2026 at 04:39 PM GMT+05:00

Supernet fixes August 19 launch for 85% right share trading


August 13, 2026 at 04:23 PM GMT+05:00

Foreign currency deposits rise by $118m in July 2026


August 13, 2026 at 04:16 PM GMT+05:00

PKR holds firm against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg