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Smokers woke up to sticker shock as cigarettes and tobacco products became more expensive following fresh tax changes that came into force on 1 February. The price hike sparked an instant reaction
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If expensive cigarettes are driving the Australian black market, why do so many countries with much cheaper cigarettes have thriving black markets too?
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𝗧𝗼𝗯𝗮𝗰𝗰𝗼 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗧𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝗠𝗼𝗿𝗲 𝗘𝘅𝗽𝗲𝗻𝘀𝗶𝘃𝗲 𝗙𝗿𝗼𝗺 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟭, 𝟮𝟬𝟮𝟲 In a significant fiscal policy move, the government has decided to increase the tax burden on tobacco-related products starting
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Smoking just got more expensive in India. From February 1, tobacco products now attract an effective 40% GST as the Centre rolls out a revised excise duty structure. The new regime links
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