Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Malaysia to raise tobacco tax, cigarette prices for coming budget

byCT Report
20/10/2016
in Uncategorized
Share on FacebookShare on Twitter

KUALA LUMPUR: For the coming Budget 2017, our government can seriously consider a proposal to raise the tobacco tax and tobacco-based products like cigarette prices drastically if they are really serious about curbing the smoking habit among the public which are now been becoming a plague in our society and starting to influence our youth as well.

This is because using price and tax measures to reduce the demand for tobacco and its based products like cigarette can be seen as one of the most effective ways to reduce cigarette consumption among smokers and deter potential smokers.

You might also like

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

25/09/2026

FBR agrees to refund tax collected under struck-down property provision

25/09/2026

This measure has also been recognised by a few tobacco control experts and also the parties in the World Health Organisation Framework Convention on Tobacco Control (WHO-FCTC), of which Malaysia is a party since September, 2005.

The WHO-FCTC is a treaty adopted by the 56th World Health Assembly on May 21, 2003. The FCTC is a supranational agreement that seeks “to protect present and future generations from the devastating health, social, environmental and economic consequences of tobacco consumption and exposure to tobacco smoke” by enacting a set of universal standards stating the dangers of tobacco and limiting its use in all forms worldwide.

Since smoking has been regarded by many as a cause of many preventable illness and could even lead to premature death, there have been many efforts carried out by the government to control and curb the cigarette selling and smoking habit among the public, which was done by strengthening the existing legislations as well as through education in schools and initiating awareness campaigns over the danger of smoking.

Related Stories

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

byCT Report
25/09/2026

ISLAMABAD: FBR has revised customs values for imported sodium sulphate anhydrous, replacing valuation rules that had been in force for...

FBR agrees to refund tax collected under struck-down property provision

byCT Report
25/09/2026

LAHORE: The Federal Board of Revenue (FBR) has agreed to refund tax collected on deemed income from immovable properties under...

OICCI urges investment & export reforms as IMF team visits Karachi

byCT Report
25/09/2026

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for Pakistan to build on recent macroeconomic stabilisation...

SBP launches Pasban Remittance Rewards

byCT Report
25/09/2026

KARACHI: The State Bank of Pakistan (SBP) has launched the Pasban Remittance Rewards program to encourage overseas Pakistanis to send...

Next Post

Malaysia to drop travel ban on Zunar

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.