cigarette tax in india A massive policy shift — the Indian government announces a steep hike on tobacco, pushing a standard 18-cigarette pack to nearly ₹72, a 400% spike. Nirmala Sitharaman stresses that cigarettes must NEW DELHI, Dec 3 (Reuters)

NEW DELHI, Dec 3 (Reuters) India's parliament approved a new tax law on Wednesday that experts say could increase the price of cigarettes for the estimated 100 million smokers in the India's war on tobacco 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 India Cigarette Prices to Rise 30% with New Tax Policy Marketing Mirrors posted on the topic LinkedIn

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