AGL 37.50 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 222.89 Increased By ▲ 0.46 (0.21%)
BOP 10.82 Decreased By ▼ -0.14 (-1.28%)
CNERGY 7.56 Decreased By ▼ -0.10 (-1.31%)
DCL 9.42 Decreased By ▼ -0.21 (-2.18%)
DFML 40.96 Decreased By ▼ -0.74 (-1.77%)
DGKC 106.76 Decreased By ▼ -3.99 (-3.6%)
FCCL 37.07 Decreased By ▼ -0.99 (-2.6%)
FFL 19.24 Increased By ▲ 0.95 (5.19%)
HASCOL 13.18 Decreased By ▼ -0.19 (-1.42%)
HUBC 132.64 Decreased By ▼ -2.32 (-1.72%)
HUMNL 14.73 Decreased By ▼ -0.86 (-5.52%)
KEL 5.40 Decreased By ▼ -0.16 (-2.88%)
KOSM 7.48 Increased By ▲ 0.07 (0.94%)
MLCF 48.18 Decreased By ▼ -2.15 (-4.27%)
NBP 66.29 Decreased By ▼ -0.18 (-0.27%)
OGDC 223.26 Decreased By ▼ -5.35 (-2.34%)
PAEL 43.50 Increased By ▲ 0.13 (0.3%)
PIBTL 9.07 Decreased By ▼ -0.23 (-2.47%)
PPL 198.24 Decreased By ▼ -4.89 (-2.41%)
PRL 42.24 Decreased By ▼ -0.62 (-1.45%)
PTC 27.39 Increased By ▲ 0.06 (0.22%)
SEARL 110.08 Increased By ▲ 3.06 (2.86%)
TELE 10.52 Increased By ▲ 0.74 (7.57%)
TOMCL 36.62 Decreased By ▼ -0.01 (-0.03%)
TPLP 14.95 Decreased By ▼ -0.28 (-1.84%)
TREET 26.53 Decreased By ▼ -0.26 (-0.97%)
TRG 68.85 Decreased By ▼ -1.30 (-1.85%)
UNITY 34.19 No Change ▼ 0.00 (0%)
WTL 1.79 Increased By ▲ 0.03 (1.7%)
BR100 12,363 Decreased By -32.9 (-0.27%)
BR30 38,218 Decreased By -629.2 (-1.62%)
KSE100 117,120 Increased By 111.6 (0.1%)
KSE30 36,937 Increased By 72.2 (0.2%)
Pakistan Print 2020-04-11

SPARC holds online session on 'tobacco taxation' with journalists

Society for the Protection of the Rights of the Child (SPARC) organised an online session with journalists on tobacco taxation on Friday to brief them on a potential source of revenue to bear the cost to fight the covid-19 pandemic.
Published 11 Apr, 2020 12:00am

Society for the Protection of the Rights of the Child (SPARC) organised an online session with journalists on tobacco taxation on Friday to brief them on a potential source of revenue to bear the cost to fight the covid-19 pandemic.

SPARC Executive Director Sajjad Ahmed Cheema said that civil society activists drew attention of Prime Minister Imran Khan to an approved cabinet's decision to implement a surcharge of Rs 10 on tobacco products and Re 1 on sugary drinks that remained pending to date.

Its full implementation could earn the country Rs 50 billion in revenue, which then could be used to purchase PPEs for health workers and testing kits required for the pandemic.

Malik Imran Ahmed, campaign for Tobacco free Kids, Pakistan office spokesperson said billions of revenue could be immediately collected by the government by revising taxes on just two products i.e. cigarettes and carbonated drinks and the generated revenue could be straight off invested in public's health for fighting controlling corona pandemic in the country.

He added both cigarettes and carbonated drinks had poor nutritious value and the sales trends showed growing habit of smoking among youngsters and high consumption of soft drinks. Not only higher prices discourage youth from initiating cigarette smoking but encourage current smokers to quit, who are nowadays at a higher risk to coronavirus due to their decreased immunity.

Malik further said implementing tax price policies ultimately added to the national health objectives, which had already been provided in Article 6 of the WHO Framework Convention on Tobacco Control (FCTC), "Price and tax measures to reduce the demand for tobacco".

Efficient imposition of taxes on these can decrease peoples' access as their consumption is injurious to health and is increasing health burden of the country.-PR

Copyright Business Recorder, 2020

Comments

Comments are closed.