Federal Minister for Finance Muhammad Aurangzeb held a meeting with a delegation from Pakistan Tobacco Company to discuss key issues related to taxation, sector competitiveness, and the overall business environment in the country.
The delegation included senior representatives from marketing, corporate, and financial departments. During the meeting, the Finance Minister briefed the participants on the government’s ongoing fiscal reform agenda, which focuses on increasing revenue, expanding the tax base, improving transparency, and strengthening digital monitoring systems for better compliance and oversight.
He said that strict enforcement measures and technology-driven monitoring are being implemented across several industries, including sugar, cement, beverages, textiles, and tobacco. According to him, coordinated actions between regulatory bodies and law enforcement agencies have helped reduce illegal and undocumented economic activities, improving overall tax collection and market transparency.
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The Pakistan Tobacco Company delegation appreciated the government’s reform efforts and shared its recommendations regarding excise duties, illegal trade, market conditions, and export competitiveness in the tobacco sector. The delegation emphasized that a stable and predictable tax policy is essential for formal sector growth and long-term revenue stability.
Discussions also included export potential in the tobacco industry, investment opportunities, regulatory improvements, and the need for better coordination between federal and provincial enforcement bodies. The Finance Minister reaffirmed the government’s commitment to continuing economic reforms aimed at promoting business growth, boosting exports, and improving ease of doing business while ensuring a more transparent and efficient tax system.
