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* Amit Behera DM19211

Ruksar Irshad Shaikh DM19240


Satish Kumar S DM19243
Shravani Sarma DM19247
Utkarsh Bhatnagar DM19254
• 14.5% tax on Junk Food
• Ambiguous:
Junk Food
Branded Restaurants
• No threshold limit on fat content.
• Exclusion of sugar sweetened beverages and street side
junk food.
Economic Purview:-
• Rise in Unemployment.
• Inelastic Demand- no change in consumption pattern.

Inelasticity Share of tax burden

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