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FAIFA claims a sharp increase in excise duty on cigarettes will shrink legal demand, harm growers and boost smuggling. Read more: https://www.businessworld.in/article/farmers-body-warns-tobacco-tax-hike-will-spur-illicit-trade-585746 Annurag Batra
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How do state and local cigarette and vaping taxes work?
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New Cess and Duties Reshape Sin Goods Tax From 1 February, the government will levy additional excise duty on tobacco products and introduce a Health and National Security Cess on pan masala,
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Higher Tobacco Taxes Can Improve Health and Raise Revenue
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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
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Indian Tobacco Stocks Fall on Excise Duty Hike | Deepanshu Sharma posted on the topic
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