China taxes condoms, drugs to spur birth rate
Hindustan Times Punjab
|January 03, 2026
China removed a three-decade-old tax exemption on contraceptive drugs and devices from January 1 in new steps to spur a flagging birth rate.
Condoms and contraceptive pills now incur value-added tax of 13%, the standard rate for most consumer goods.
This story is from the January 03, 2026 edition of Hindustan Times Punjab.
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