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India's taxes on #tobacco are among the highest. Yet, it is the world's 2nd largest producer & 3rd largest exporter. @ITCCorpCom has the highest market share (~84.27%) in #cigarette sales. And here's FirstpostNews: Shares of cigarette and tobacco companies fell sharply in early trade on Thursday (January 1, 2026) after the government notified February 1 as the implementation date for higher levies on tobacco Tobacco stocks came under pressure after cigarette prices were raised across categories in response to the revised excise duty framework that came into effect on February 1, 2026 ., During the Best Tobacco Stocks In India 2025 Lemonn Indian tobacco hi res stock photography and images Alamy Indian Tobacco Stocks Fall on Excise Duty Hike Deepanshu Sharma posted on the topic LinkedIn

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