Posts Tagged ‘Tobacco Tax’

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Tobacco excise rates have increased by 10 percent above inflation each year since 2010, and this is scheduled to continue til 2020.

The UAE’s Federal Tax Authority (FTA) will roll out a new tax control system for tobacco products at the beginning of next year, the FTA announced.

Putting the tobacco tax towards security is being touted as the solution to stop aggravated robberies. A spike in violent attacks has prompted calls to pay for small franchises’ security measures.

After failing to get any result during the previous government, tobacco control advocates are hopeful that the government of Prime Minister Imran Khan will not only take steps to increase revenue collection from the tobacco industry but will also protect the citizens against hazards of smoking.

According to the Union Taxation Bill for 2018-2019 FY submitted by the Ministry of Planning and Finance on behalf of the Union government, taxes levied on cigarette, cheroots and alcohols are raised.

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