More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...
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New excise duty on tobacco, health cess on pan masala — what it is, consumer impact and market reaction | Explained
From February 1, India will impose additional excise duty on tobacco and a health cess on pan masala, replacing compensation cess, leading to sharp declines in tobacco company stocks.
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