SPDC suggests hike in tobacco tax for Budget 2021-22

The in-depth analysis shows that raising the excise tax rate even by only 30 percent would result in 219,000 fewer smokers, a 3.8 percent reduction in smoking prevalence among adults, and the prevention of 424,000 smoking-attributable deaths, including 348,000 future young smokers. On the revenue side, it will generate additional revenue of Rs19 billion – an increase of 14.4 percent over the base year collection.

 

https://www.thenews.com.pk/print/822827-spdc-suggests-hike-in-tobacco-tax-for-budget-2021-22