Under the chairmanship of Prime Minister Muhammad Shahbaz Sharif, a review meeting was held today in Islamabad regarding the installation of automatic track and trace system, point of sales and overall tax increase in the cigarette industry.
The meeting was informed in detail about track and trace system in cigarette factories.
The meeting was told that at present, track and trace system has been installed in most of the factories in the country, while the installation process is going on in the rest.
Negotiations for its installation at factories in Azar Kashmir have entered the final stages.
The meeting was also informed about the measures taken by FBR to prevent the sale and smuggling of illegal cigarettes.
The meeting was told that the FBR has brought 7 lakh new taxpayers into its tax net and is taking steps to meet its targets this year.
The meeting was also informed about the progress regarding the installation of automatic track and trace system at sugar mills. The Prime Minister expressed his displeasure over the non-installation of automatic track and trace system in all sugar mills.
The PM directed that the services of internationally renowned institutions should be taken to install track and trace systems equipped with modern technology in all the bad sectors of the economy.
This initiative will improve the documentation of the country’s economy and increase the country’s income.
The Prime Minister directed to make positive progress on these measures and submit a report in the next two weeks.
Federal Ministers Ishaq Dar, Rana Sanaullah Khan, Makhdoom Murtaza Mehmood, Azam Nazir Tarar, Adviser to Prime Minister Ahad Khan Cheema, Special Assistants Jahanzeb Khan, Tariq Pasha and relevant senior officials participated in the meeting.
