India is considering increasing GST on tobacco products, including cigarettes, after the cessation of the compensation cess in 2026. A proposal to elevate GST to 40% plus additional excise duty aims to maintain tax revenue. A ministerial group will review post-2026 compensation cess scenarios. Post navigation Top stocks to buy today: Stock recommendations for February 20, 2025 UPI users take note! Google Pay introduces convenience fee for these transactions
