cigarette tax in india 2025 new excise law prices The Indian government has announced

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 Today India will levy higher taxes on tobacco products and pan masala from February 1, 2026, as the government, on late Wednesday, notified a new Instagram 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 Tobacco Institute of India writes on the tax hike on cigarettes Govt to introduce Central Excise Amendment Bill, 2025: What it means for tobacco and pan masala prices? Mint Taxing Tobacco

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