India, Oct. 24 -- A study from Chalmers University suggests that implementing a food tax shift could save 700 lives annually in Sweden.

It shows that removing VAT from healthy foods and taxing climate-harming food can prevent fatalities by reducing diseases like cancer and heart disease.

The approach, which also offers climate benefits, could be applicable to other high-income countries facing similar dietary health issues.

In January this year, India's Economic Survey noted that introducing a higher tax rate for ultra-processed foods (UPF) could curb their excessive consumption. Now a study led by researchers from Chalmers University of Technology in Sweden has analysed the potential effects of a food tax shift - where value added tax...