Tag: "consumption tax"
India slashes consumption tax on hundreds of items to spur domestic demand

India slashes consumption tax on hundreds of items to spur domestic demand

World 13:16 04/09/2025

NEW DELHI - Indian Finance Minister Nirmala Sitharaman on Wednesday announced tax cuts on hundreds of consumer items ranging from soaps to small cars to spur domestic demand in the face of economic headwinds from punishing U.S. tariffs.

Proposal to apply ‘sin tax’ on instant coffee, teabag sparks controversy in Vietnam

Proposal to apply ‘sin tax’ on instant coffee, teabag sparks controversy in Vietnam

Economy 11:26 19/08/2017

Vietnam wants to treat instant coffee and teabags as alcoholic drinks with the special consumption tax