Tag - Pro-health tax

Govt considering raising tobacco tax

PUTRAJAYA: The government is considering a proposal to increase the tobacco tax, says Prime Minister Anwar Ibrahim. Anwar, who is also the finance minister, said the proposal aligns with the government’s commitment to public health and fiscal reform, particularly given the long-standing moratorium on tobacco tax hikes. Malaysia’s tobacco tax currently accounts for 58.6% of retail prices. The country...

Pro-health tax to cover tobacco, vape, alcohol too, says PM Anwar

KUALA LUMPUR: Pro-health taxes will be expanded to cover tobacco, vape and alcohol products, says Datuk Seri Anwar Ibrahim. The Prime Minister stressed the need to handle health risks, stressing that it is not solely for tax revenue. “It is to encourage behavioural changes and curb the worrying rise of non-communicable diseases,” he said when tabling the...