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Cigarettes and Pan Masala Will Cost More From Feb 1. No Surprise, But Still Hurts.
If you buy cigarettes or pan masala regularly, there’s some news you probably won’t like. From February 1, these products are going to get more expensive. The government has announced new excise duty on cigarettes and a health cess on pan masala. This is over and above GST, not in place of it. So yes! Prices are going up. Again. What actually changed? Earlier, these products were already heavily taxed through GST. Now, the government has added one more layer of tax. Cigarettes, pan masala, tob
BUDGET 2025 SPECIAL: Middle Class Wins Big with Major Tax Overhaul
New Income Tax Slabs (FY 2025-26) The government has restructured the New Tax Regime to make it the default and most attractive choice for taxpayers. The basic exemption limit has been hiked, and the tax brackets have been widened. Income Slab (Annual) Tax Rate Up to ₹4,00,000 NIL ₹4,00,001 to ₹8,00,000 5% ₹8,00,001 to ₹12,00,000 10% ₹12,00,001 to ₹16,00,000 15% ₹16,00,001 to ₹20,00,000 20% ₹20,00,001 to ₹24,00,000 25% Above ₹24,00,000 30% Key Highlights & Updates * Tax-
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