cigarette tax in india 2025 could be on the verge of one of its biggest price shocks decades. Parliament has approved a major overhaul of cigarette taxation, a move that could push prices sharply ๐ง๐ผ๐ฏ๐ฎ๐ฐ๐ฐ๐ผ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ง๐ผ ๐๐ฒ๐ฐ๐ผ๐บ๐ฒ ๐ ๐ผ๐ฟ๐ฒ
, In a significant fiscal policy move, the government has decided to increase the tax burden on tobacco related products starting lThe tobacco industry in India remains one of the largest worldwide, with over 275 million users despite severe health risks. To curb consumption, the government imposes heavy taxes on tobacco products. The What's up with tobacco consumption in India? Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global
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