Tax on cigarette: India doesn’t tax them enough, below best international practices, says report
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India got an overall score of 1.88 out of 5 possible points, which is slightly better than the South-East Asia average (1.82), but lower than the global average (2.07) and scores of top performing countries (4.63), a Tobacconomic report said.
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India had significantly improved its score on cigarette taxation policy.
MUMBAI: Amidst all the cacophony of smokers cribbing about rising prices in India, the country’s tax burden on cigarettes is far below the standard of best international practice, a study has shown.
India got an overall score of 1.88 out of 5 possible points, which is slightly better than the South-East Asia average (1.82), but lower than the global average (2.07) and scores of top performing countries (4.63), a Tobacconomic report said.