Tougher Tax Regime For Tobacco Products, Pan Masala Kicks In
The finance ministry has specified the excise duty on cigarettes at Rs 2,050 to Rs 8,500 per 1,000 sticks, depending on cigarette length, effective 1 February
Economy
Companies
FMCG
Cigarette Tax Hikes Likely To Dent ITC’s Margins, Says Axis Direct
- by BW Retail World Bureau
- January 5, 2026
While the exact impact under new tax structure is still evolving, the higher levy is likely to force companies such as ITC and their peers to raise prices