Tax Details New excise duty of 2,0508,500 per 1,000 cigarettes (based on length) Effective from 1 February Applicable over and above 40% GST Impact Analysts expect cigarette prices (7585 mm) to rise 22%28% Reason Government aims to curb smoking and reduce healthcare burden View: Higher taxes may pressure margins and near-term stock performance in tobacco companies
The non-smoking policy applies to all forms of smoking, including but not limited to cigarettes, cigars, pipes, vaporisers, electronic cigarettes and marijuana
How does it do it
The leader is an Oceanian country, the tiny island of Nauru, with 48.5% smokers, followed by Myanmar or Burma, with 44.1%
Cigarette tobacco , though lower in nicotine concentration, is inhaled directly into the lungs, leading to faster absorption and a stronger immediate effect