KTCL largest taxpayer firm of KP, show FBR data - Business & Finance - Business Recorder
ISLAMABAD: The Federal Board of Revenue (FBR) data revealed that the Khyber Tobacco Company Limited (KTCL) is the largest tax contributing company from the Khyber Pakhtunkhwa (KP) province and is the only national cigarette manufacturer to implement electronic ‘Track and Trace’ system. The FBR has been regulatory monitoring collection of sales tax and federal excise duty (FED) from this national company which has fully implemented the track and trace system. The company’s data available with the Pakistan Stock Exchange (PSX) disclosed that during 2022-23, the company has targeted to bring in millions of dollars to add to Pakistan’s foreign exchange earnings and is set to achieve just under U...
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