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Cigarettes, gutkha prices likely to rise as new excise and health cess kick in

Cigarettes, gutkha prices likely to rise as new excise and health cess kick in

A health and national security cess and excise duty on pan masala and tobacco products respectively will be over and above 40 per cent Goods and Services Tax (GST) rate, while in case of ‘biris’ it would be on top of the 18 per cent GST rate effective February 1, 2026

02 January,2026 06:51 AM IST | New Delhi | Agencies
TMC accuses Sitharaman of misleading Rajya Sabha during excise bill debate

TMC accuses Sitharaman of misleading Rajya Sabha during excise bill debate

TMC Rajya Sabha Deputy Leader Sagarika Ghose accused Finance Minister Nirmala Sitharaman of misleading the House on West Bengal during the Central Excise (Amendment) Bill, 2025 debate. The party staged a walkout, calling it a “murder of constitutional democracy”

04 December,2025 09:51 PM IST | New Delhi | mid-day online correspondent
Rajya Sabha returns Manipur GST bill to LS

Rajya Sabha returns Manipur GST bill to LS

The Manipur Goods and Services Tax (Second Amendment) Bill, 2025, which seeks to give effect to decisions taken at the 56th meeting of the GST Council, was laid on the table of the House by Minister of State for Finance Pankaj Chaudhary

02 December,2025 05:18 PM IST | New Delhi | PTI
Parliament Winter Session: FM Sitharaman introduces two Bills in Lok Sabha

Parliament Winter Session: FM Sitharaman introduces two Bills in Lok Sabha

Finance Minister Nirmala Sitharaman introduced the Central Excise (Amendment) Bill, 2025, and the National Security Cess Bill, 2025, in Lok Sabha to levy a cess on tobacco products and manufacturing processes. Opposition MPs from AITC and DMK opposed the bills, calling them ambiguous and burdensome

01 December,2025 04:24 PM IST | New Delhi | mid-day online correspondent

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