tax increase on tobacco products india Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from The Indian government has announced
The Indian government has announced a new tax increase on cigarttes, tob@cco and related products, which will come into effect from February 1, 2026. Under the revised rules, these products will face From today, cigarettes and other tobacco products in India will attract a 40% Goods and Services Tax (GST) as part of the government's effort to curb consumption and increase revenue. The A higher sin tax is the need of the hour. Here's why India Today ITC Warns Higher Cigarette Taxes Could Fuel Illegal Trade And Boost Smuggling Across India #ITC #ITCNews #CigaretteTax #Tobacco #FMCG #FMCGStocks #StockMarket #ShareMarket #BusinessNews #MarketNews #Investing #IndianMarkets #IllegalTrade #Smuggling Smoking will burn a bigger hole in your pocket now as govt imposes new excise duty on tobacco The Economic Times
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