Finance Ministry Imposes Higher Excise Duty on Cigarettes, Effective Feb 2026
2:26
YouTubeNewsX Live
Finance Ministry Imposes Higher Excise Duty on Cigarettes, Effective Feb 2026
The Finance Ministry has announced a major revision in excise duty on cigarettes and tobacco products, effective February 1, 2026. The new duty ranges from Rs 2,050 to Rs 8,500 per 1,000 sticks based on length and type, over and above the existing 40% GST. The move follows Parliament’s December approval of bills enabling the new cess on pan ...
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