Explained | Why govt raised excise duty on cigarettes, introduced machine-based cess on pan masala
The Union government’s recent changes to excise duty on cigarettes and the introduction of a machine-capacity-based cess on pan masala mark one of the most significant recalibrations of India’s sin-tax framework since the rollout of GST in 2017. While industry groups have questioned the timing and design of the move,…
bubmagJanuary 1, 2026