Women’s Day? Let’s talk about the unseen cost of being a woman: ‘Pink Tax’— What is it and how can you avoid it? | Mint

Women’s Day 2025: International Women’s Day is here again on March 8! On this annual occasion, while we celebrate women around the globe, the systemic cycles in every economy have certain hidden pressures that need to come to the fore. Have you ever wondered why you might be paying more tax compared to men just because of your gender? That’s called ‘Pink Tax’, ladies —the unseen cost of being a woman! Women may have to pay more for the identical item that men purchase for less. Let’s understand what is pink tax.

The pink tax refers to the tendency for products marketed specifically toward women to be more expensive than those marketed toward men. According to studies, the pink tax is also one reason why women have comparatively less purchasing power than men. This phenomenon is attributed to gender-based price discrimination. The pink tax, in reality, is not a governmental tax.

What is Pink Tax?

In simple words, the “Pink Tax” refers to charging women more than men for similar products or services. The pink tax is a common phenomenon in India, with women being charged more for products explicitly marketed to them. According to tax experts, the pink tax is more than just a pricing variation. It reflects deep-seated gender inequality that has economic implications. 

The pink tax is not an actual tax levied by the government. However, it has seeped into women’s products and increased the retail price. According to the World Economic Forum (WEF), products such as clothing, shoes, and cosmetics marketed and created only for women frequently have higher prices. 

Examples of Pink Tax

For example, those marketed towards women and packaged in pink could cost more than those with a neutral colour scheme. Perfumes and razors used by women cost more than men’s. The imbalance is not limited to a pink tax on goods; it can also apply to services. For example, a woman’s haircut is typically 60 per cent more expensive than a man’s. 

There are occasionally justifications for this pricing discrepancy. Consider haircuts as an example. The conventional rationale is that since women’s hair is usually longer, there is more hair to trim and style. In addition, more attention to sanitation is required, and women’s hair may require different training for styling.

New York State Department of Consumer Affairs found in a study that items marketed towards women were priced seven per cent higher than those for men or gender-neutral items, with personal care products for women showing a 13 per cent price disparity. Similarly, investigations in the UK revealed price differences, such as women’s deodorant being 8.9 per cent pricier than men’s and women’s facial moisturizer costing 34.28 per cent more.