By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Pakistan, China business firms sign $4.2 billion MoUs
    September 4, 2025
    Billions are lost due to top bosses’ massive abuse of the SOEs Act 2023.
    September 2, 2025
    Second phase of CPEC launched with new agricultural and industrial agreements
    October 7, 2024
    The Rupee depreciates 13 paise in interbank trade against the US dollar.
    October 7, 2024
    Reluctant bidders to keep on PIA employees
    October 7, 2024
  • Politics
    PoliticsShow More
    Bilawal asserts that CM Maryam’s efforts need to be acknowledged.
    September 5, 2025
    Saad Rafique condemns ‘egg attack’ on Aleema Khan
    September 5, 2025
    Bilawal asks PM to waive bills for farmers in disaster-hit districts
    September 5, 2025
    Trump’s 200th executive order: US defence secretary to be rebranded
    September 5, 2025
    Bilawal calls for agricultural emergency as floods hit farmers
    September 5, 2025
  • Technology
    TechnologyShow More
    Apple expected to release iPhone 17 lineup on September 9
    September 5, 2025
    Balochistan suspends mobile internet on Sept 5–6 over security concerns
    September 5, 2025
    European nuclear research delegation visits Pakistan: FO
    September 2, 2025
    The government warned: “Without a data strategy, the UK risks losing its leadership in AI.”
    October 7, 2024
    A 10-year-old youngster may be seen on camera traversing a ‘busy’ school playground in a stolen automobile.
    October 7, 2024
  • Sports
    SportsShow More
    Former NZ captain Ross Taylor to play for Samoa in shock comeback
    September 5, 2025
    Full squads revealed for ACC Men’s Asia Cup 2025
    September 5, 2025
    Asia Cup 2025: Players to watch out for
    September 5, 2025
    T20I tri-series: Afghanistan post 171-run target for UAE
    September 5, 2025
    Pakistan defeats the UAE by 31 runs in the T20 Tri-series 2025, with Fakhar and Abrar shining.
    September 4, 2025
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
Reading: High tax on cigarettes can result in lower consumption
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Ecnomics > High tax on cigarettes can result in lower consumption
Ecnomics

High tax on cigarettes can result in lower consumption

Study by think tank reveals one in every 94 smokers has quit smoking after prices went up

Last updated: 2024/02/15 at 5:50 PM
Published February 15, 2024
Share
2 Min Read
SHARE

According to a think tank survey, one out of every 94 smokers stopped smoking after cigarette prices increased.

Dr. Aman Khan, director of an Islamabad-based NGO, agreed with the think tank’s conclusions, saying, “The government’s decision to increase taxes emerged as a strategy to address both public health concerns and revenue deficits.”

Following relentless lobbying by a large number of anti-tobacco and health groups, the government agreed to hike taxes. In a historic move, the FBR raised duty on tier-1 cigarettes from Rs130 to Rs330, resulting in a net rise of 154% in cigarette costs.

The decision intended to increase income to Rs200 billion, up from Rs148 billion in the current fiscal year.

The think tank conducted the survey in key cities like Islamabad, Rawalpindi, Lahore, and Peshawar.

Smokers told the surveyors that purchasing cigarettes had become financially difficult, prompting them to prioritize spending on necessities such as food and their children’s education above smoking. The survey discovered a favorable association between higher cigarette taxes and lower consumption.

Needless to add, the tobacco industry was responsible for a startling Rs620 billion in annual illness losses, including cancer, chronic respiratory disorders, and cardiovascular disease, as well as 337,500 deaths.

Over the last seven years, Pakistan has wasted a stunning Rs567 billion in potential revenue as a result of the influence of two global tobacco corporations campaigning for lower taxes.It has also been reported that the actual market share of illicit and illegitimate cigarettes is no more than 18%, which contradicts international cigarette firms’ inflated figure of 40%. The research implies that cigarette sales in Pakistan will fall much further in the coming months if the government maintains taxes.

You Might Also Like

Trump signs order to bring lower Japanese auto tariffs into effect

Vegetable shortages are caused by floods and rains, and prices rise.

Wheat, flour prices soar amid continuous floods in Pakistan

Inflation surges to 10-month high

Bilawal asks PM to waive bills for farmers in disaster-hit districts

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
February 15, 2024 February 15, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article FIA arrests LESCO Project Director on corruption charges worth millions
Next Article Shehbaz updates Nawaz on the state of negotiations with allies regarding the formation of the government.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

Hamas releases video of two Israeli hostages held in Gaza
War September 5, 2025
Apple expected to release iPhone 17 lineup on September 9
Technology September 5, 2025
The United States claims that two Venezuelan military planes near a Navy ship in international waters
Defence United States September 5, 2025
Strong aftershocks hit Afghanistan after earthquakes kill 2,200
News September 5, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Baner ClubBaner Club
Follow US
© 2025 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Registration is currently disabled.
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
Welcome Back!

Sign in to your account

Lost your password?