|
|
|
|
30th Jamadi-ul-Saani, 1433 | Tuesday, May 22, 2012
Islamic World

Cigarette prices set to soar after new tax

Monday, 30 January 2012
Comments(1)
January 30:

Dubai, January 30: Smokers should brace themselves for a fresh rise in the price of cigarettes when a new tax approved by the UAE and other Gulf oil producers is enforced at the end of 2012, an official was reported on Monday as saying.

Health ministers from the six-nation Gulf Cooperation Council (GCC) endorsed the “health tax” at talks in Saudi Arabia in early January as part of joint plans to curb the consumption of tobacco in the region, said Dr Widad Al Maidoor, head of the anti-smoking section at the UAE Ministry of Health.

“The new law is intended to reduce tobacco consumption in the GCC and envisages the imposition of a new tax called ‘health tax’.…it will affect tobacco products and equipment used in its production and manufacturing…the tax will amount to 100 per cent of the product’s value.”

Quoted by the semi official daily Alittihad, Maidoor said the new law would be enforced at the end of 2012 after it is approved by the GCC finance ministers.

Cigarette prices have steadily increased over the past years following a series of GCC taxes and a surge in global prices of most consumer items.

Dealers said that despite the rise, cigarette prices in the region remain far below those in advanced countries. “In Britain for example, a 20-cigarette pack now sells for nearly Dh30, more than four times the prices here,” said an owner of a supermarket in Abu Dhabi.

---Emirates

Latest News

Related News

No sense in picture selection

Siasat people should consider before publishing the picture. it is miscommunicating the news. is that only ladies or veil claded women or old age woemn only smoke ciggrate in dubai. you people should be smart enough to convey the news.

may god guide u with hikma.

Post new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

Opinion Poll
Do you think Rajya Sabha is crowded with celebrities?
YesNoCan't say


Rs. 28880 (Per 10g)

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters | Muslim Names

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, AP, India
Tel: +91-40-24744180, Fax: +91-40-24603188
[email protected]