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Unprecedented pressure on the legal cigarette industry with imposition of steep taxes has led to consumption being diverted to tax-evaded as well as smuggled products, YC Deveshwar, chairman of ITC, the countrys largest cigarette seller, told shareholders in July
Additionally, the temporal association between smoking and depression could be strengthened by including a negative-control analysis, testing whether another behaviour commonly initiated at a similar age (e.g., alcohol use or social media use) also predicts later depression
THC, on the other hand, jumps into the drivers seat , directly activating receptors and creating more dramatic effects
It would therefore be desirable for there to be a review of the tax policy model, without necessarily resulting in a reduction of the total tax burden