AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)
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.