From tobacco to appliances and imports, revised taxes and tariffs are expected to ripple through consumer markets

The proposed prices have been put forward to “optimally balance” revenue potential and health risks, the finance minister says

From tobacco to appliances and imports, revised taxes and tariffs are expected to ripple through consumer markets

The budget proposes to reduce the source tax rate on 60 daily essentials, basic agricultural products and consumer goods

Tax relief is also being provided on the import of raw materials for industries producing poultry, dairy, and fish feed

While businesses and investors stand to benefit from a range of incentives, the budget raises taxes, trims reliefs and adds compliance burdens for many middle-income and marginal…