cigarette tax in india 2025 How Budget can walk the tightrope of India's 'sins' ITC faces medium-term earnings hit
ITC faces medium term earnings hit from sharp tobacco tax hike S&P Global 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 new excise law cigarette prices india 2025 Tobacco Institute of India writes on the tax hike on cigarettes
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