china cigarette price increase january 2026 Finance Minister Amir Khasru Mahmud Chowdhury told parliament on Tuesday that prices and tax rates will remain unchanged in the proposed budget for fiscal year 2026-27. He made the disclosure during Prime Minister Lawrence Wong announced
Prime Minister Lawrence Wong announced a 20 per cent increase in tobacco excise duty, across all tobacco products, in his Budget Speech of 2026. This will take place with effect from today (Feb. 12, 2026). 2FIRSTS China National Tobacco Corporation 2024 Results: Achieves Record High Tax and Profit Revenue of US$220.9 Billion Cigarette Filters Market Report 2026, Size and Trends By 2035 While cigarette sales have fallen across much of the world, China has moved in the opposite direction. The 2.4 trillion cigarettes sold in China each year account for nearly half the global DIU Buying cigarettes, gutkha, and other tobacco products is set to pinch your pocket from February 1 as the Centre is raising the sin tax. The price hike can be up The prices of all levels of cigarettes and tobacco products have been raised in the budget for the 2026 27 fiscal year.
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