Home Top Story Cigarettes, Gutkha and Colas to cost more

Cigarettes, Gutkha and Colas to cost more

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Union finance minister Arun Jaitely hiked the excise tax on cigarettes, Gutkha and Colas. This means the prices of these products going to be increased. 

The increase in the percentage of excise tax on Cigarettes is very high. It was increased from 11 to 72 percent. 

The tax percentage on Gutkha and Pan Masala was increased to 60. Tax on Colas and other aerated drinks was also hiked. 

Arun Jaitely said that Ministry of Health also earlier suggested to in

rease the tax on Cigarettes and Gutkha.

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