cigarette tax india Cigarette, Tobacco Hike Will Cut Smokers, Raise Revenue Shares of India's largest cigarette

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 How India's tax system helps heavily taxed cigarettes flourish Need your opinion on this : r IndiaTax 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 Cigarette smoking may become costlier in India as the governments Central Excise (Amendment) Bill, 2025, proposes an increase in excise duty. , [cigarette, cigarette taxes, excise duty, taxes, Tax on cigarette: India doesn't tax them enough, below best international practices, says report The Economic Times

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