Diabytes
Sin tax News
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The Imran Khan government is reportedly looking at ways to increase budget allocation for health in Pakistan.
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While a sin tax of 40 percent was imposed on soft drinks, tobacco products and Pan Masala, a 65 percent tax was imposed on SUVs.
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The GST Council on Thursday finalised the four tax rate slabs of 5 percent, 12 percent, 18 percent and 28 percent.
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Consumer Voice, a voluntary action group, on Sunday urged the GST Council to levy the highest, "sin tax" of 40 percent on all forms of tobacco products, including cigarettes, beedis and smokeless tobacco.
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Chief Economic Advisor Arvind Subramanian Monday defended a three-rate structure for GST, including a demerit or 'sin' tax of 40 percent on products like tobacco and luxury cars, saying the recommendation is based on the current tax structure.
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Alcohol and tobacco industries will have to pay more taxes towards an additional 'sin tax' under the proposed GST structure that seeks to bring in a uniform indirect tax regime across the country.
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