FED on cigarettes, telecommunication services, air travel enhanced

ISLAMABAD, Jun 10 (APP): The government on Friday announced enhancing Federal Excise Duty (FED) on manufactured cigarettes, telecommunication services and air travel in the Federal Budget 2022-23.

The FED on club, business and first class travel by air was proposed to increase from Rs 10,000 to Rs 50,00, and on telecommunication services from 16 % to 19.5 %. Likewise, FED was also on the locally manufactured cigarettes.