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Tobacco Tax Hike Proposal for 2024-25 by abdulrehmankhatri65 is a document available to read on EtoBox.

What is Tobacco Tax Hike Proposal for 2024-25 about?

The Social Policy Development Centre (SPDC) has proposed a 37% increase in Federal Excise Duty (FED) on tobacco products for the 2024-25 budget to improve public health and generate additional revenue. This increase is expected to save lives, reduce smoking rates, and align with international tax standards, while addressing concerns about illicit trade through a track and trace system. However, the effectiveness of this tax increase may be limited due to the addictive nature of smoking and the potential for

Author

abdulrehmankhatri65

Language

EN