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Indian tobacco stocks tank as government levies new tax on cigarettes Reuters India's tobacco board urges review of cigarette tax hike, warns of illicit trade and farmer distress Asia News Network 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 ITC Plunges Most in Over Two Years on Higher Cigarette Tax Shock Bloomberg India to Hike Cigarette Prices with New Tax Law startupsmedia posted on the topic LinkedIn
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