Sugar Tax

Government could consider taxing food items high on sugar, fat and salt content and which don't have front-of-the-pack labelling

It is based on the fact that the harm from sugary drinks comes from the high sugar content and high taxes may prevent people from buying them.

The Income Tax (I-T) department on Thursday carried out searches at the sugar mill and residence of Nationalist Congress Party MLA Hasan Mushrif in Kolhapur district of Maharashtra.

Taxes on sugary products and labels on the packages can help reduce sugar consumption, recent findings suggest.

GST Council meet: Finance Secretary Hasmukh Adhia said the monthly return filing system will come into force in six months

The research team estimated that adding 10 percent to the price of chocolate, confectionery, cakes, and biscuits may reduce purchases by around 7 percent.

Top-selling brands such as Fanta, Ribena and Lucozade have already cut the sugar content of their products to avoid the tax, but Coca-Cola and Pepsi will both stick with the same recipes, which both contain more than 10 grammes per 100 ml.

Lower imports by India could put pressure on global prices, but will support local prices that have come under pressure in the last few weeks due to expectations of imports.

GST will subsume many local and central taxes including excise duty, service tax, VAT and octroi.

The Goods and Services Tax or GST could bring good news for crores in the country. A crucial meeting of the GST Council on Thursday finalised tax rates for over 1,000 commodities that makes sure people will not have to pay more when India's biggest tax reform in decades kicks in on July 1. In fact, the government announced that food items - pulses,...

Reportedly, it is speculated that the budget may initiate scrapping sugar cess and hike tax rates on fast food and sugary beverages.

Huge deposits of cash and gold have been recovered from the home of Karnataka minister, Congress's Ramesh L Jarkiholi and Laxmi R Hebbalkar, the chief of the state's women's unit of Congress, following raids by the income tax department. Rs 41 lakh in cash and 12.8 kg of gold were found during the raids at their homes in Belgaum, Gokak and Bengalur...

British teenagers consume sugary drinks equivalent of nearly a bathtub on average in a year, Cancer Research UK reported.

British teenagers drink almost a bathtub full of sugary drinks each year, Cancer Research UK said on Tuesday as the charity urged the government to do more to improve children's diets.

Voters in four U.S. cities will decide on Tuesday whether they would like to tax sugary drinks, the latest in a series of such measures as officials and nutritionists seeks ways to address obesity, diabetes and other health epidemics.

Government could consider taxing food items high on sugar, fat and salt content and which don't have front-of-the-pack labelling

It is based on the fact that the harm from sugary drinks comes from the high sugar content and high taxes may prevent people from buying them.

The Income Tax (I-T) department on Thursday carried out searches at the sugar mill and residence of Nationalist Congress Party MLA Hasan Mushrif in Kolhapur district of Maharashtra.

Taxes on sugary products and labels on the packages can help reduce sugar consumption, recent findings suggest.

GST Council meet: Finance Secretary Hasmukh Adhia said the monthly return filing system will come into force in six months

The research team estimated that adding 10 percent to the price of chocolate, confectionery, cakes, and biscuits may reduce purchases by around 7 percent.

Top-selling brands such as Fanta, Ribena and Lucozade have already cut the sugar content of their products to avoid the tax, but Coca-Cola and Pepsi will both stick with the same recipes, which both contain more than 10 grammes per 100 ml.

Lower imports by India could put pressure on global prices, but will support local prices that have come under pressure in the last few weeks due to expectations of imports.

GST will subsume many local and central taxes including excise duty, service tax, VAT and octroi.

The Goods and Services Tax or GST could bring good news for crores in the country. A crucial meeting of the GST Council on Thursday finalised tax rates for over 1,000 commodities that makes sure people will not have to pay more when India's biggest tax reform in decades kicks in on July 1. In fact, the government announced that food items - pulses,...

Reportedly, it is speculated that the budget may initiate scrapping sugar cess and hike tax rates on fast food and sugary beverages.

Huge deposits of cash and gold have been recovered from the home of Karnataka minister, Congress's Ramesh L Jarkiholi and Laxmi R Hebbalkar, the chief of the state's women's unit of Congress, following raids by the income tax department. Rs 41 lakh in cash and 12.8 kg of gold were found during the raids at their homes in Belgaum, Gokak and Bengalur...

British teenagers consume sugary drinks equivalent of nearly a bathtub on average in a year, Cancer Research UK reported.

British teenagers drink almost a bathtub full of sugary drinks each year, Cancer Research UK said on Tuesday as the charity urged the government to do more to improve children's diets.

Voters in four U.S. cities will decide on Tuesday whether they would like to tax sugary drinks, the latest in a series of such measures as officials and nutritionists seeks ways to address obesity, diabetes and other health epidemics.