tax increase on tobacco products india The Indian government has announced a new cigar€ttes, tob@cco and related products, which will come into effect from February 1, 2026. Under the revised rules, these will face Zero tax on life-saving drugs,
Zero tax on life saving drugs, special 40% tax slab on bidi, tobacco FM Nirmala Sitharaman : r IndiaSpeaks Cigarettes, tobacco products, and pan masala have become sharply more expensive from February 1, 2026, following a major overhaul of taxation on so called sin goods announced in Budget 2026. Under the new India's parliament approves law that could raise taxes on cigarettes Reuters From today, cigarettes and other tobacco products in India will attract a 40% Goods and Services Tax (GST) as part of the government's effort to curb consumption and increase revenue. The Centre plans new health and security cess to keep tobacco taxes high as GST compensation levy ends The Economic Times
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