In a first for an Indian state, the Kerala government has imposed a
"fat tax" on consumers eating junk food like pizza, burgers and tacos.
A fat tax of 14.5% would be imposed on branded restaurants selling food like pizzas, burgers, tacos, doughnuts, sandwiches, pasta, burger patty and bread-filling. Fast-food chains like McDonalds, Dominos, Pizza Hut, Subway among others are likely to see the new tax imposed on them.
The budget, the first by the Pinarayi Vijayan-led government which came to power in the May 2016 assembly polls, also proposed a slew of new tax proposals including 5% on certain packed foods and a 'fat tax' of 14.5% for burgers, pizzas and pastas served in branded restaurants
A fat tax of 14.5% would be imposed on branded restaurants selling food like pizzas, burgers, tacos, doughnuts, sandwiches, pasta, burger patty and bread-filling. Fast-food chains like McDonalds, Dominos, Pizza Hut, Subway among others are likely to see the new tax imposed on them.
The budget, the first by the Pinarayi Vijayan-led government which came to power in the May 2016 assembly polls, also proposed a slew of new tax proposals including 5% on certain packed foods and a 'fat tax' of 14.5% for burgers, pizzas and pastas served in branded restaurants
No comments:
Post a Comment