Tax

Odisha Welcomes Zero Tax on Common Food Items

The Odisha government on Friday welcomed the zero tax rate on common food items and reduction in tax rate from 6 to 5 per cent by the Goods and Services Tax (GST) Council.

Kerala to Introduce 'Fat Tax': 14.5% to be Levied on Fast Food Chains like McDonald's

The Kerala government plans to impose additional tax on ready-to-eat chapatis by introducing 5% tax on packaged wheat products

WHO Urges Countries to Raise Taxes on Sugary Drinks

The U.N. health agency on Tuesday recommended that countries use tax policy to increase the price of sugary drinks like sodas, sport drinks and even 100-percent fruit juices as a way to fight obesity, diabetes ...

Portugal to Levy Sugar Tax on Soft Drinks

Portugal's Socialist government will introduce a sugar tax on soft drinks in 2017 which is expected to raise 80 million euros ($88 million) for the nation's public health service, a budget bill presented Friday showed.

Soda Tax Could Save Thousands of Lives and $1 Billion in Mexico

Mexicos soda tax is on course to prevent diabetes, heart attacks and strokes in more than 200,000 adults and to save nearly $1 billion in healthcare costs over a decade, a new study suggests.

Kerala Fat Tax: Could Making Junk Food Expensive Curb Obesity?

The fat tax debate continues. Are pizzas and burgers only to blame or do we have other sinful treats to worry about?

Soda Taxes May Spread if Voters Check Ballots in California, Colorado

As Americans vote for a new president on Tuesday, hundreds of thousands of voters in California's Bay Area and Boulder, Colorado, will also decide whether they want levies on sugary drinks, another step toward making ...

India to Keep Wheat Import Tax at 10 Percent

India will keep its wheat import tax unchanged at 10 percent and state-run traders will not import the grain for now, as the private trade is expected to buy up to 3 million tonnes this ...

Food Tax Could Tackle Climate Change and Save Half a Million Lives: Study

Taxing food on the basis of planet-warming emissions generated to produce it could boost the fight against climate change and save half a million lives, a study said on Monday.

Ban Fast Food Advertisements and Hike Taxes on Them: FSSAI

FSSAI has recommended additional tax on processed food and sugar-sweetened beverages, and also called for a blanket ban on advertising of junk foods