Frozen Foods, Snacks, and Beverages Set to Get Pricier in Budget 2025-26
The federal government is expected to introduce new excise duties on a variety of commonly consumed food items and services in the upcoming 2025-26 budget.
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Items such as frozen foods, chips, cold drinks, noodles, ice cream, and biscuits are likely to be taxed under the proposed plan. Additionally, a 5% excise duty is under consideration for frozen meat, sauces, and ready-to-eat meals. These measures are part of the broader fiscal strategy aimed at increasing revenue generation.
