cigarette tax in india has a new way to tobacco. Will it work? The Indian government has announced
The Indian government has announced a new excise duty on cigarettes, which will come into effect from February 1, 2026. Following the announcement, shares of major tobacco companies saw a sharp fall. Why 16% tax on cigarettes won't stop explosion of tobacco related cancers in India India Today 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 Need your opinion on this : r IndiaTax 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 A massive policy shift the Indian government announces a steep tax hike on tobacco, pushing a standard 18 cigarette pack to nearly 72, a 400% spike. Nirmala Sitharaman stresses that cigarettes must
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