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The cess was originally introduced for a period of five years to compensate States for any loss arising out of the implementation of GST. File. | Photo Credit: Getty Images/iStockphoto The Ministry of Finance on Thursday (January 1, 2026) issued a series of notifications that would bring into effect the new taxation regime for tobacco products…
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Representative image | Photo Credit: Getty Images/iStockphoto Shares of cigarette and tobacco product makers tumbled on Thursday (January 1, 2026) morning trade after the government notified February 1 as the date from which additional excise duty on tobacco products, and a health cess on pan masala will be levied. The stock of Godfrey Phillips India…
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