Crisil expects India's cigarette volumes to fall 6-8% next fiscal as higher excise duty and GST from February squeeze demand, ...

Indian cigarette companies face a tough year ahead. New taxes and higher GST rates are expected to shrink sales by 6-8 ...

Crisil Ratings forecasts a 6-8% reduction in cigarette volumes next fiscal due to increased excise duties and GST rates.

NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods and Services Tax regime as decided by the ...

GST Network (GSTN)today issued an advisory on retail sale price-based valuation of tobacco products like pan masala for ...

India has shown rare fiscal maturity in 2025 by successfully concluding GST 2.0 and retiring the compensation cess—gains that ...

India’s domestic cigarette industry is likely to see a 6–8% contraction in volumes in the next financial year following higher indirect taxes coming into effect from February 1, according to Crisil ...

India’s cigarette industry may see a 6–8% volume contraction next fiscal after higher excise duties and a 40% effective GST ...

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K ...