ISLAMABAD: Pakistan’s efforts to carry out full deregulation of the sugar sector under an International Monetary Fund (IMF) condition have seen little progress, with key provincial legislation yet to move forward despite looming deadlines. Read More: Sugar mills push for deregulation to boost farmers’ profits Officials say the federal government had committed to removing all state intervention in […]
sugar sector
FBR targets tobacco sector after sugar success to boost tax collections
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial announced a major crackdown on tax evasion in the tobacco sector following a successful enforcement drive in the sugar industry. The FBR increased sugar sector tax collections by 39 percent without raising tax rates. Now, it plans similar strict measures for tobacco, retail, and other key […]