
FitnEarn
998 posts

FitnEarn
@FitnEarn
Fitness App | Transforming health and wellness into rewards! Launching on August 15th 2024






❓Do you know what a sin tax is? No, it’s not what you think 👿 A sin tax is a government levy on goods deemed harmful to health. In India, it’s slapped on cigarettes, alcohol, luxury items, and since 2017, sugary aerated drinks. The move was prompted by alarming health indicators: 101 million diabetics, 136 million prediabetics, and 20% adult obesity rates, linked to excessive sugar consumption. The tax targeted carbonation, not sugar content, applying a flat 40% rate to all aerated drinks, including zero sugar options as well. While urban purchases slowed post-GST, low baseline SSB consumption in India limited its effectiveness compared to Mexico’s 12% sales drop per 10% price hike. So, what’s the fix? Tax sugary drinks based on how much sugar they pack, not whether they’re fizzy. Take it further-juices and flavored milk with added sugar should pay their fair share too. Subsidize healthier snacks like millet bars, and give companies a break for creating low-sugar options. Make sugar content prominent in labels-for e.g., 12 spoons of sugar in your favorite drink. Incentivize innovation: Tax breaks for companies making low-sugar options. 💬 Your turn: What’s your idea to tackle India’s sugar crisis? Drop your thoughts below! #SinTax #FitnessFriday








