india tobacco tax Indian stocks tank as government levies new on cigarettes India has rolled out a

India has rolled out a massive ~300% hike in tob@cco t@x, making cig@rettes significantly more expnsive from February 1, 2026. Under the revised excise duty structure, combined with 40% GST, a cig@rette Tobacco Institute of India requests government to review and reconsider latest hike in taxes on Tobacco A2Z Taxcorp LLP Effectiveness of Tobacco Taxation in India: Public Health Gains, Policy Gaps Centre plans new health and security cess to keep tobacco taxes high as GST compensation levy ends The Economic Times What's up with tobacco consumption in India? India could be on the verge of one of its biggest cigarette price shocks in decades. Parliament has approved a major overhaul of cigarette taxation, a move that could push prices sharply

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