Tobacco stocks crash: After the new tax rules, there was a sharp fall in the shares of cigarette companies on Monday. In fact, after the government implemented the new tax structure from February 1, 2026, the prices of cigarettes suddenly increased, due to which there has been increased concern among investors. The increase in excise…
Prices of cigarettes have surged significantly after the excise duty hike from February 1, burning a hole in your pocket. The hike depends on the length of cigarette sticks — the longer, the costlier. Starting February 1, the additional duty on cigarettes is being applied over and above 40 percent Goods and Services Tax (GST)….
Smokers woke up to sticker shock on Saturday 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 online, with social media flooded with memes, jokes and sarcastic posts capturing public disbelief. The government has imposed an additional excise…
Smoking cigarettes has always been considered harmful for health, but now this habit is going to be heavy on the pocket too. The Central Government has decided to make major changes in the tax system on cigarettes, tobacco and pan masala. New excise duty will be imposed on these products from February 1, after which…
