new tobacco tax 2025 Revenue Has Gone Up in Smoke—And Not Entirely for the Reason You Think Government has notified February 1
Government has notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala. The new levies on tobacco and How FDA actions, tax hikes and illicit vape crackdowns reshaped the back bar in 2025 Illicit cigarettes are eating deeper into Southeast Asia's tax base, with a new EU ASEAN Business Council report warning that nearly one in four tobacco products consumed in ASEAN 6 was illicit in 2025. In 2023, New York raised its cigarette excise tax by $1.00 to $5.35 per pack. New York City imposes its own tax of $1.50 per pack, and that's before you include federal
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