CURRENT AFFAIRS

Detailed explanation-1: -In a first of its kind move in India, Kerala plans to charge a 14.5% tax fast food sold by chains like McDonald’s and Domino’s, expecting to raise Rs10 crore annually.

Detailed explanation-2: -Gujarat Government To Follow Kerala Suite on “Fat Tax” Earlier Kerala was the first state to impose the Fat Tax on pizza, burgers & those harmful junk food offered in restaurants & food chains. The Fat Tax is liable for foods that are not suitable for heavy consumption.

Detailed explanation-3: -Detailed Solution. A fat tax is a tax or surcharge that is placed upon fattening food, beverages or on overweight individuals. The Kerala government has proposed a 14.5 per cent ‘fat tax’ on burgers, pizzas and other junk food served in branded restaurants. SSC CGL Tentative Vacancies Released for 2021 cycle!

Detailed explanation-4: -In 2016, Kerala became the first state in India to impose a fat tax on fast food items sold in branded restaurants. The 14.5% fat taxation was introduced with an aim to curb the growing addiction to junk foods.

Detailed explanation-5: -Kerala is the first state in India to introduce a “fat tax” on burgers, pizzas, doughnuts and tacos served in branded restaurants.