HomeNews News Sin tax yields over Rs 19,000 crore till Jan in FY16 Sin tax yields over Rs 19,000 crore till Jan in FY16

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Sin tax yields over Rs 19,000 crore till Jan in FY16

Sin tax yields over Rs 19,000 crore till Jan in FY16

Thursday, March 16, 2017, 9:56 AM

Tobacco sale has contributed Rs 19,293 crore in central taxes till January in 2016-17, the government said on Wednesday. "The figure for 2014-15 and 2015-16 stand at Rs 22,174 crore and Rs 19,977 crore respectively," Health minister J P Nadda said. He said there was no earmarking of funds to the healthcare sector out of the funds collected from taxes on tobacco.
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