cigarette tax in india #Gravitas 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. Indian brokerage firms flag surge in illicit cigarette trade risks after sharp tobacco tax hike Asia News Network India Cigarette, Tobacco Tax Hike Will Cut Smokers, Raise Revenue Bloomberg Cigarette Prices Hiked Across India Cigarette prices have jumped after the government introduced a new excise duty regime. A pack of 10 sticks now costs 2225 more, while premium 76 mm India has a new way to tax tobacco. Will it work?
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