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Tobacco Tax Revenue Has Gone Up in Smoke—And Not Entirely for the Reason You Think
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The price is not right
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If buying a pack of #cigarettes has suddenly started to feel noticeably heavier on the pocket, it is not just perception. A fresh round of excise duty changes that came into force
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Cigarette prices have surged from ₹3 in 2003 to ₹22 in 2026, reflecting a steep rise over the past two decades. The steady increase highlights tighter taxation and growing regulatory pressure on tobacco products
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Financial Express | Despite cigarette prices going up sharply post the tax changes, a report by JM Financial stated that consumer demand remains unchanged
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The price is not right
26.35
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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