10Jul

Budget Reactions : Parliamentarian angry as excise duty on tobacco raised to 72%

Parliamentarians protested the government’s move to hike excise duty on tobacco from 11 percent to 72 percent.

The moment Jaitley made the announcement, there was uproar in the Lower House of Parliament. It was indeed a smart move for Jaitley to leave this announcement to the last five minutes of his rather long budget speech.

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