Starting February 1, tobacco and pan masala products will face new taxes. The government is introducing additional excise duties and a health cess, replacing the existing GST compensation cess. Pan masala will be taxed at 40% GST plus a new cess, while biris will attract 18% GST.
Related Posts
Balancing Islamabad: Why India’s Kabul outreach matters now — The Afghan comeback explained
India is upgrading its Kabul mission to a full embassy, signaling a significant diplomatic shift during Taliban Foreign Minister Muttaqi’s visit. This move, without formal […]
Unfortunate! Samson shot ends Pandya’s stay in nightmare run-out
Hardik Pandya’s unfortunate dismissal via a freak run-out against Oman in the Asia Cup 2025 stunned India. A deflection off bowler Jiten Ramanandi’s hand sent […]
No major impact of Trump tariffs? Moody’s says India to be fastest growing major economy
India will be the fastest growing major global economy, with Moody’s forecasting a strong 6.5% expansion through 2027. This resilience comes despite US tariffs, as […]