Industrialists hope coming budget to be friendly to smokers
A November 2015 study on affordability conducted by Japan Tobacco International in 25 cigarette markets around the world showed that cigarettes produced in Tanzania are the most expensive for smokers. PHOTO|FILE
What you need to know:
In a proposal which CTI submitted to the Finance ministry’s special task force on tax reform for its consideration, the Confederation calls on the government to retain the current three-tier excise duty structure in the FY-2018/19 budget – while maintaining the 75 per cent domestic tobacco requirement.
