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China adds tax to condoms to spur birth rate
Financial Express Kolkata
|January 03, 2026
CHINA REMOVED
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A threedecade-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.The move comes as Beijing struggles to boost birth rates in the world's second-largest economy.China's population fell for a third consecutive year i
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