cigarette tax in india 2025 new excise law prices Budget 2025: Will FM Nirmala

Budget 2025: Will FM Nirmala Sitharaman increase 'sin tax'? The Economic Times Tobacco Taxation Cigarette Taxation TIIOnline When does Indiana cigarette tax increase go into effect? 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 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. India Plans New Tobacco Tax to Save State Funds Nicotine Insider

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