cigarette price increase india A higher sin tax is the need of the hour. Here's why New excise duty on tobacco
New excise duty on tobacco products: Cigarette prices to increase up to Rs 55 per pack The Times of India Growth in cigarette price indices, 200109 (2001 = 100) Notes: The Download Scientific Diagram Business Cigarette prices have risen sharply after the new excise duty regime came into force, with a pack of 10 sticks now costing at least Rs 22 25 more than earlier. A nationwide market investigation has found that cigarettes are routinely being sold above their printed Maximum Retail Price (MRP), despite regulations prohibiting overcharging. Experts estimate this pricing gap may be diverting more
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