Smuggling costs economy Rs750 Billion, FBR informs NA committee
ISLAMABAD – The Federal Board of Revenue (FBR) has informed a parliamentary committee that pervasive smuggling is inflicting a staggering loss of Rs750 billion (approximately US$2.7 billion) on Pakistan’s documented economy, dealing a severe blow to the national exchequer and legitimate businesses. In a briefing to the National Assembly Standing Committee on Finance on Thursday, […]
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