cigarette tax india has rolled out a massive ~300% hike in tob@cco t@x, making cig@rettes significantly more exp€nsive from February 1, 2026. Under the revised excise duty structure, combined with 40% GST, a cig@rette Certainly we don't want cigarettes

Certainly we don't want cigarettes to become affordable," Finance Minister Nirmala Sitharaman said as she sought parliament's approval for the measure. Current taxes on cigarettes include a 28% goods and services tax India's parliament approves law that could raise taxes on cigarettes Reuters India Tobacco Tax Reform Puts Economics Over Morality How India's tax system helps heavily taxed cigarettes flourish Shares of India's largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. Tap to read: https: www.hindustantimes.com business itc shares plunge most in six years after india raises PTI INFOGRAPHICS Excise duty hike on cigarettes to ensure tax burden proportionate to health impact A hike in excise duty on cigarettes from February 1 will ensure that such sin goods

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