New Excise Duty on Tobacco Products: Cigarette Prices to Increase up to Rs 55 per Pack
6 Articles
6 Articles
New excise duty on tobacco products: Cigarette prices to increase up to Rs 55 per pack
Cigarette prices have surged by Rs 22-25 per pack of 10 following a new excise duty regime, the first tax hike in seven years. This move aligns India's tobacco taxation with global health standards. Premium cigarettes will see significant price increases, with distributors anticipating new MRPs ...
Cigarette Prices Up by ₹55: New 2026 Excise Duty Hits India
The Indian government just slapped a massive tax hike on tobacco,cigarette prices jumped by up to ₹55 per pack yesterday. This follows a major shift in the tax code approved back in December. But now the reality is hitting pockets. Every brand and size carries a heavier price tag. The news is a massive blow to daily smokers and small shop owners across the country. The Length-Based Tax Breakdown The Ministry of Finance implemented a per-stick ex…
ITC, Godfrey Phillips and other tobacco stocks fall up to 5% as cigarette prices rise after excise duty hike
Menu Account Indian Stocks Algo Trading Stock Portfolio (PMS) Commodity Forex Unlisted Shares Physical to Demat Mutual Fund USA Stocks ₿ Crypto Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Shares of ITC, Godfrey Phillips and VST Industries tumbled up to 5.5% after cigarette prices were sharply increased following the implementation of a new excise duty from Sunday, February 1…
Cigarette prices jump as new excise regime kicks in, stoking smuggling fears
Cigarette prices have significantly increased following a new excise duty. This tax hike, the first in seven years, aims to align India's tobacco taxation with global health standards. Distributors report substantial price jumps on various cigarette types. The government is shifting to a 40% GST rate and will introduce additional excise duties from 2026.
Cigarette Prices Set to Rise Up to Rs 55 Per Pack After New Excise Duty - PUNE PULSE
Cigarette prices across India are set to rise sharply following the implementation of a new excise duty regime. A pack of 10 cigarettes will now cost at least Rs 22 to Rs 25 more, with premium brands seeing hikes of up to Rs 55 per pack. This marks the first increase in taxes on cigarettes
Higher Excise Duty on Tobacco Products to Discourage Use: ENT Association Welcomes Budget Move
Jaipur, February 1 (Udaipur Kiran): The Rajasthan State ENT Association has expressed gratitude to the Prime Minister, the Chief Minister, the Deputy Chief Minister and the Medical Minister for increasing the excise duty structure on cigarettes and tobacco products in the Union Budget 2026–27. The Central Budget was presented in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. The association said that raising the e…
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