Tag - Tobacco tax

Kenya: Proposal To Tax Nicotine Products A Welcome Move

In Summary •Tax and price policies are known to be the most effective measures for deterring initiation of and continuous use of harmful products such as tobacco and nicotine products- also known as sin tax. •As we adopt fiscal measures on the emerging nicotine products, it is important to maintain and actually improve the fiscal measures...

Bangladesh: Tobacco tax — for better public health or tobacco companies’ profitability?

The finance minister proposed a mega budget on the eve of the golden jubilee of independence of the country. Even though the budget offers some good features including increasing coverage of safety-net, reduction in corporate tax to boost industrial growth, ten years' tax holiday for establishing hospitals outside of big cities to incentivise decentralisation...

Nigeria: FG to increase tobacco tax as minister insists on strict enforcement

NHF, WHO tackle government over sales The ministries of Health as well as Finance, Budget and National Planning are working together to upwardly review taxes on tobacco in a bid to make the product unaffordable. This comes as the Federal government has warned the tobacco industry against the introduction of electronic smoking devices, which are falsely...

How to Combat Tobacco Usage in India

While cigarettes constitute a source of considerable revenue for the Indian government, it is also crucial to reduce the consumption of these “sin goods” preferably through increased taxation. On similar lines, the finance minister of India, while presenting the 2020-2021 budget, suggested an upsurge in the excise duty charged on cigarettes by raising the...

US$ 1.4 trillion lost every year to tobacco use – New tobacco tax manual shows ways to save money and build back better after COVID-19

WHO’s new Technical Manual on Tobacco Tax Policy and Administration shows countries ways to cut down on over US$1.4 trillion in health expenditures and lost productivity due to tobacco use worldwide. Improved tobacco taxation policies can also be a key component of building back better after COVID-19, where countries need additional resources to respond and...

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