Despite expectations, the FY 2024-25 Union Budget left sin taxes untouched, a departure from previous trends. Sin taxes, ...

Two weeks ago, the Government increased excise taxes levied on cigarettes and liquor in a bid to boost Government revenue. Throughout history, Governments in Sri Lanka have continuously relied on ...

Smoking is a dangerously expensive habit, but it could get even more costly under two bills proposed Monday that would further hike the state’s higher-than-average tobacco taxes. Rep. Kristine Reeves, ...

So, Gov. Janet Mills has dusted off the playbook of former Gov. John Baldacci. Another Democrat governor can’t create a reasonable budget, and so pushes through an unreasonable one — heaped on the ...

In her $11.6 billion two-year preliminary budget plan, unveiled on Friday, Mills is calling for higher taxes on tobacco products, cannabis and streaming services as the state seeks to reduce the ...

THE HOUSE ways and means committee is looking at imposing a moratorium on the yearly excise tax rate increase over tobacco products in a bid to strengthen the government’s tax administration on ...

THE Philippine Tobacco Institute (PTI) said on Thursday that a pause in raising excise taxes on tobacco could steer consumers away from smuggled cigarettes and stabilize prices of legitimate products.