After the Cabinet approved the proposal to increase tax percentage imposed on Cigarettes ,steps will be taken to imposed a 15% VAT(Value Added Tax) on cigarettes the Minister Of Health,Nutrition and Indigenous Medicine Dr.Rajitha Senaratne has stated today(29).The Health Minister and the President Maithripala Sirisena had jointly submitted a Cabinet Paper to the Cabinet recently on increasing Cigarette Taxes to 90% from 72%.
After receiving the approval from Finance Ministry ,Cabinet is due to approve the paper the Minister has revealed during a function held at Hotel Kingsbury this morning.
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