cigarette tax in india 2025 new excise law prices Parliament has approved the Central

Parliament has approved the Central Excise Amendment Bill 2025, significantly increasing taxes on tobacco products to maintain overall levies after the GST compensation cess expires. Cigarette excise duty will rise steeply from When does Indiana cigarette tax increase go into effect? ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global 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 Tobacco & Cigarette State Excise Tax for 2026

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