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He said: The State Bank report highlighted that cigarette consumption increased by 34pc after the introduction of the third tier and the profits of cigarette companies increased by 34pc. He added that the country lost Rs153 billion in revenue between 2016 and 2019

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#Exciseduty #tax #modisarkar To view or add a comment, sign in Indian tobacco stocks fell sharply on Thursday after the government imposed new excise duties on cigarettes , affecting the country's estimated 100 million smokers

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