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New Tobacco Tax Hits Shares of ITC & Godfrey Phillips India World Business Watch WION India Tobacco Tax: 5 New Rules for Manufacturers A massive policy shift the Indian government announces a steep tax hike on tobacco, pushing a standard 18 cigarette pack to nearly 72, a 400% spike. Nirmala Sitharaman stresses that cigarettes must ITC Plunges Most in Over Two Years on Higher Cigarette Tax Shock Bloomberg
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