Submit News
Dialogue Pakistan
No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
No Result
View All Result
Dialogue Pakistan
No Result
View All Result

Caffeinated drinks to cost 12% more in Pakistan

Web Desk by Web Desk
June 15, 2020
in News
0
Caffeinated drinks to cost 12% more in Pakistan
3
SHARES
21
VIEWS
Share on FacebookShare on Twitter

The government has proposed increasing the Federal Excise Duty (FED) from 13% to 25% on the distribution of local and imported caffeinated beverages.

The excise duties are mainly consumer spending taxes. Businesses serve as government retainers and pass these taxes on to customers by raising prices proportionately. This will make the caffeinated beverages more costly for consumers.

It means that if you pay Rs250 for a Red Bull, you will now pay Rs272, of which 25 percent will go to the government in the form of taxes.

“Caffeinated drinks are harmful to health, therefore, to reduce its consumption, FED has been increased from 13% to 25%,” Minister of State for Revenue Hammad Azhar said on Friday while revealing the federal budget for 2021.

The government is facing a shortfall in revenue due to lower collection of taxes. It has chosen to tax expenditure in the latest budget as opposed to raising income tax rates. This decision is aimed at discouraging the consumption of caffeinated beverages that are harmful to health, while at the same time helping the government generate revenue.

Tags: caffeinated drinkscost
Previous Post

Scientists develop world's first 3D artificial eye

Next Post

Hindu organization moves top court to gain control of mosques

Next Post
Gujarat riots: Indian Supreme Court grants bail to 17 convicts

Hindu organization moves top court to gain control of mosques

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Go home if you don’t have authority, says chief justice to Karachi mayor

Go home if you don’t have authority, says chief justice to Karachi mayor

6 months ago
Haripur

Five killed in Fateh Jang road mishap

11 months ago

Popular News

  • Shahbaz Taseer just made a job offer to the Cafe Cannoli’s manager

    Shahbaz Taseer just made a job offer to the Cafe Cannoli’s manager

    101 shares
    Share 40 Tweet 25
  • Shaniera Akram challenges the Cannoli Cafe owners

    52 shares
    Share 21 Tweet 13
  • Sandal Khattak, Hareem Shah identity revealed

    1441 shares
    Share 605 Tweet 349
  • Hareem Shah slaps Abdul Qavi over “indecent talks”

    27 shares
    Share 11 Tweet 7
  • American climber goes missing

    23 shares
    Share 9 Tweet 6

Dialogue Pakistan

Citizen Journalism is the collection, dissemination and analysis of news by the people for the people especially by the means of internet. Dialogue Pakistan is the country's first citizen journalism portal to provide Pakistanis an opportunity to get themselves heard aiming to encourage citizen journalism inculcated with ethical values.

Category

  • Audio
  • Citizen Journalism
  • Documentaries
  • Feature Videos
  • Features
  • In House Videos
  • IN PICTURES
  • Lifestyle
  • Mobile Footage
  • New Catagory
  • News
  • News Roundup
  • Pakistan Super League
  • Photo Journalism
  • Press Conferences
  • Special Feature
  • Sports
  • Videos

Quick Links

  • About
  • Advertise
  • Careers
  • Contact

Follow us on

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters

No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters