cigarette tax india Need your opinion on this : r/IndiaTax India Tobacco Tax Hike Hits

India Tobacco Tax Hike Hits Stocks Harshit Khandelwal posted on the topic LinkedIn 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. Can big smoking India aim for 'tobacco endgame' with higher tax rather than an outright ban? South China Morning Post Certainly we don't want cigarettes to become affordable," Finance Minister Nirmala Sitharaman said as she sought parliament's approval for the measure. Current taxes on cigarettes include a 28% goods and services tax Cigarette smoking may become costlier in India as the governments Central Excise (Amendment) Bill, 2025, proposes an increase in excise duty. , [cigarette, cigarette taxes, excise duty, taxes,

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