India News

Parliament Passes Bill to Raise Excise Duty on Tobacco; Higher Cigarette Tax to Be Shared with States

New Delhi: Parliament has approved a key bill to increase excise duty on tobacco products, including cigarettes, as part of the government’s efforts to strengthen public health measures and boost revenue. During the discussion in the Rajya Sabha, Union Finance Minister Nirmala Sitharaman clarified that the additional revenue generated from the increased duty would be Read More…