tax on tobacco products in india Taxation | Cigarette Taxation Indian tobacco stocks tank as

Indian tobacco stocks tank as government levies new tax on cigarettes Reuters 400% TAX ON TOBACCO The Indian government has implemented significant tax hikes on tobacco products, with cigarettes seeing a 400% increase in excise duty. A strong policy push toward public Only 40% GST sin tax will keep youth away from tobacco products' India hits tobacco with a major tax hike cigarette packs may now cost around 72, nearly a 400% jump. Sitharaman says cigarettes must never be affordable for public health.

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