Business Standard

Tuesday, December 24, 2024 | 07:29 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Budget 2017: Government mulls tax on junk food and sugary drinks

In July 2014, government increased tax on sugar-sweetened beverages 5%, hoping to curb consumption

Why are habits so hard to break?
Premium

BS Web Desk New Delhi
A proposal has been made by a group of secretaries on health, sanitation and urban development to tax junk food and sugar-sweetened beverages in the upcoming budget, reported Times of India.

 The 11-member group also suggested that the money collected with tax should go to the health services.

"In our presentation to the PM, we suggested higher taxes on junk food and sugary beverages because consumption of such products is growing fast and fuelling several lifestyle diseases like obesity, diabetes and heart disorders. We have also suggested that revenue earned from such tax be invested in health

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in