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Economy / The Economic Times

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China adds tax to condoms as it works to boost birth rates

China is introducing a 13% value-added tax on contraceptives, including condoms, for the first time in 30 years. This move aims to boost birth rates, which have been declining and pose a threat to the nation's economy. The tax reversal comes after decades of VAT exemption for these items.

2 Dec 2025 5:43 pm