counter Huge tax rise is slapped on condoms and contraceptives in desperate bid to tackle plummeting birth rate in China – Forsething

Huge tax rise is slapped on condoms and contraceptives in desperate bid to tackle plummeting birth rate in China

CHINA has hiked up the prices of condoms and other contraceptives amid plummeting birth rates in the world’s second most populated country. An extra 13 per cent value-added tax has been slapped onto contraception, after Beijing removed an exemption on the products from January 1. Despite the tax-increase on birth control methods, residents of Beijing…

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