Tag - Tobacco taxes

Countries share examples of how tobacco tax policies create win-wins for development, health and revenues

In 2018 only 38 countries, covering 14% of the global population had sufficiently high tobacco taxes - which means taxing at least 75% of the cost of these health-harming products. By implementing proven policies like tobacco taxes, the costs created by the tobacco industry to local communities and nation can be avoidable.  It is...

Study: Only 45% smokeless tobacco factories pay taxes in Bangladesh

91% of manufacturers produce SLT products manually in small, unmarked factories or houses A significant number of smokeless tobacco (SLT) manufacturers of Bangladesh have managed to avoid the government's tax net, according to a study by the Campaign for Tobacco-Free Kids (CTFK). The study reveals that among the 483 SLT factories in the country, only 218...

India: Farmers’ body asks PM Modi to withdraw bill on cigarette, tobacco

Farmers' body asked PM Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products. Farmers' body FAIFA on Wednesday asked Prime Minister Narendra Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products saying it will be a death knell for Indian tobacco...

India: Raising Taxes on Tobacco Generates Revenue And Saves Lives

With the Covid-19 pandemic hitting the country’s economy hard, preparation of the Union budget for the next fiscal is a big challenge for the government this time. To set a course for economic recovery, the government needs funds to invest in the infrastructure and social sectors. Due to a slow-down in the economy, the...