Cigarette Taxation: 20 Billion Extra Revenue in 2020, if Indexation Is Implemented = දර්ශකයකට අනුව දුම්වැටි බදු අය කරන්නට කටයුතු කලොත්, 2020දී, රජයට රුපියල් බිලියන 20ක අමතර ආදායමක්

Abstract

The government could raise an extra Rs. 20 Billion from cigarette taxation in 2020 from the proper implementation of the indexation policy articulated in the 2019 Budget and rational calibration of taxes for all cigarette brands. This Insight sets out the basis of the policy – the income and substitution effects – and its implications.