The Khyber Pakhtunkhwa (KP) Assembly on Tuesday passed the amended Finance Bill to withdraw the increase in tobacco tax, which was announced in the provincial budget 2024-25. The provincial government presented an amended Finance Bill in the provincial assembly to decrease the tax ratio which was passed. Initially, the provincial government imposed a tax of up to Rs 50 per kilogram on tobacco. Through the amended Finance Bill, the tobacco tax has been decreased to Rs 25 per kilogram for o. The tax on white patta tobacco has also been decreased Rs 15 per kilogram from Rs 30. The Pakhtunkhwa Assembly government also decided to maintain the existing tax of Rs 7.50 per kilogram on Naswar.

Credit: Independent News Pakistan