cigarette tax india 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 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. India: tax revenue from cigarettes 2020 Statista New Tobacco Tax Hits Shares of ITC & Godfrey Phillips India World Business Watch WION Tobacco Tax Reform In India: Centre's New Excise Changes Explained UnderStand UPSC
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