india tobacco tax has a new way to tobacco. Will it work? Indian tobacco stocks tumble after

Indian tobacco stocks tumble after new cigarette tax India Latest News NewsX World Centre plans new health and security cess to keep tobacco taxes high as GST compensation levy ends The Economic Times Largest Indian Cigarette Maker ITC Plunges on Higher Tobacco Tax Bloomberg India has rolled out a massive ~300% hike in tob@cco t@x, making cig@rettes significantly more expnsive from February 1, 2026. Under the revised excise duty structure, combined with 40% GST, a cig@rette India could be on the verge of one of its biggest cigarette price shocks in decades. Parliament has approved a major overhaul of cigarette taxation, a move that could push prices sharply New Tobacco Tax Hits Shares of ITC & Godfrey Phillips India World Business Watch WION

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