Pakistan's Economy Is Suffering Loss Due To Smuggling

Pakistan's Economy Is Suffering Loss Due To Smuggling
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Pakistan’s economy suffers a loss of Rs 300 billion due to smuggling of different items including tyres, mobile phones and other electronic appliances etc. Tax Reforms Commission’s investigative report states that only mobile phones smuggling cost Rs 100 billion a year. Illegally obtained diesel from Iran costs about Rs 87 billion. National treasure is bearing loss of Rs 17 billion because of car smuggling every year. The report recommends Pakistan Government to collaborate with FBR (Federal Bureau of Revenue) to reduce smuggling .

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