Budget 2026: Cigarettes, Gutka, Pan Masala Prices to Soar by 20-40%
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News18•17-01-2026, 14:39
Budget 2026: Cigarettes, Gutka, Pan Masala Prices to Soar by 20-40%
- •The Union Budget 2026, to be presented on February 1, is expected to bring significant price changes, particularly for tobacco products.
- •Tobacco products like cigarettes, gutka, and pan masala are projected to see a 20% to 40% retail price increase due to already approved tax changes and a new capacity-based cess.
- •Imported goods such as interactive flat panel displays, certain woven fabrics, footwear, smart meters, solar cells, and selected PVC products are also expected to become more expensive.
- •The government aims to increase revenue and improve public health by discouraging tobacco consumption, especially among youth, through higher prices.
- •Experts warn that weak enforcement of new taxes could lead to a rise in illicit tobacco products, undermining both revenue and public health goals.
Why It Matters: Budget 2026 will significantly hike prices of tobacco products and certain imported goods, impacting consumers and revenue.
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