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 Cigarette, Tobacco Tax Hike Will Cut Smokers, Raise Revenue Bloomberg Cigarette Smoking: Prevalence, Price, and Tax Information Download Table Smoking will burn a bigger hole in your pocket now as govt imposes new excise duty on tobacco The Economic Times 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

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