International tax will be now nationally applied (Sin tax)

Pakistan tehreeka insaf come up with slogans that they will improve Pakistan education and health facilities. They also start working in this regards the development of cardiology department in Hayatabad medical complex. Replacement of beds in lady reading hospital. People of Pakistan have strong believed Imran khan government that they will bring improvement in health facilities as they have Shaukat Khanum example is in front of them.

Pakistan Taheerka insafe announce that they will increase health budget.

Statistically speaking this announcement was properly made by Mr Kiani the Health Service Academy. During his address Mr Kiani mentions that Pakistan Tehreeka insaf is highly concern about health facilitation in Pakistan, the government have decided to increase the health budget by five percent of GDP. He further mentions that the government is applying different tactics to increase this budget. Later Mr.kaini mentions that the PTI government will impose a sin tax on tobacco products and sugary beverages. The amount collected in tax will be invested in the health facilities of Pakistan. The current health budget is .06pc of GDP. This Sin tax has considered to imposed in past as well but never implemented. 

The health conference was held in December 2018 but still, there is no clarity about the Sin tan implementation. This tax has already implemented in more than 45 countries around the globe.  India  also  imposed sin tax on gud ka etc.So what basically sin tax is  “  tax that is the type of tax that is charged on highly demanded  consumer products  which is  not good health such as beverages  Tobacco items this is recognized internationally.”    According to recent news reports Senator kalsoom head of the special committee on causes of decline in tax collection suggested that there should be a systematic in federal excise duty(FED). Senator kalsoom give direction that there is gap for increase in tax without effecting the cash flows. She supported her argument with the status  that currently  two big multinational companies are working in Pakistan. Their gross turnover was of 139 billons in 2018 which is 22 per cent higher than in 2017.

 The committee also suggested that strict laws should be made to ban counterfeit, un duty paid and smuggle cigarettes.

 Head of the committee also suggested that  FBR should  take different stakeholder  on board like Pakistan National Heart Association, tobacco growers, multinational companies,  ministry of  commerce and national health services etc  in revising the  tax on the tobacco industry