Kerala Imposes 14.5% Fat Tax on Junk Food
Kerala Imposes 14.5% Fat Tax on Junk Food
Kerala has introduced a ‘fat tax’ on the consumption of junk food items like pizzas and burgers sold through branded restaurants.
The newly-elected LDF government imposed 14.5% tax on branded restaurants selling items like tacos, pizzas, burgers, sandwiches, among others.
The new tariff will apply to chains like McDonald's and Domino's, Pizza Hut etc
Because of this now common citizens will end up paying 14.5% tax more when they go to eat once a month in a hotel like Pizza Hut, Domino or Mcdonalds
the state government has also made consumption of ready-to-eat chapatis dearer with the introduction of 5% tax on wheat products in packets.
Along with this, 5% tax has been imposed on packaged basmati rice and coconut oil.
Disposable glasses made out of plastic are set to be taxed at a whopping 20%.
This is the just beginning and soon other states will follow this way to increase the income of government.
Reality views by sm –
Friday, July 8, 2016
Tags – Fat Tax Junk Food Kerala
4 comments:
I support this law as junk food is bad for health. If we need to make it costlier to discourage its use, so be it.
Destination Infinity
I too support this way of tax introduction bcause the BPL will not be affected.Development of a good many areas have been taken into account.If done well and good.Usually only announcement. no practical step.
@Destination Infinity
thanks.
@rudraprayaga
thanks.