Soft drinks are set to become costlier as the government is imposing 5% more supplementary duty on carbonated beverages.
The total supplement duty on carbonated beverages will be 30% from the existing 25%.
This move aims to increase revenue collection and tax compliance in the financial year 2024-25. (More)
A healthy step as NBR plans higher tax on sugary foods, beverages
The prevalence of obesity has nearly tripled among women and increased by 1.5 times among men in the country over the past 14 years due to sedentary lifestyles and dietary changes.