tax increase on tobacco products india Smoking will burn a bigger hole in your pocket now as govt imposes new excise duty โ๏ธ๐ฎ๐ณ From today, cigarettes and
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 From February 2026, cigarette prices in India are expected to increase significantly following changes in the governments tobacco taxation policy., Under the revised structure, cigarettes will face a Zero tax on life saving drugs, special 40% tax slab on bidi, tobacco FM Nirmala Sitharaman : r IndiaSpeaks Expert group under health ministry to review taxation on tobacco products Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from
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