cigarette tax in india 2025 new excise law prices Smokers woke up to sticker

Smokers woke up to sticker shock as cigarettes and tobacco products became more expensive following fresh tax changes that came into force on 1 February. The price hike sparked an instant reaction 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. Tobacco & Cigarette State Excise Tax for 2026 smoke #cigarette #inflation #tax #tobaccoproduct Fintellect India India Raises Cigarette Tax to Curb Consumption Tobacco Reporter Tobacco Institute of India writes on the tax hike on cigarettes

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