Excise Duty Hike: Cigarette Industry Raises Concerns Over Revenue Neutrality
Published on: Jan. 1, 2026, 7:49 p.m. | Source: Devdiscourse
The proposed excise duty hike on cigarettes, effective February, is deemed revenue neutral by the Tobacco Institute of India, which warns it may boost illicit trade. The industry calls for a review, highlighting potential hardships for farmers and businesses, and notes the contrast with global public health policies.
