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India's taxes on #tobacco are among the highest. Yet, it is the world's 2nd largest producer & 3rd largest exporter. @ITCCorpCom has the highest market share (~84.27%) in #cigarette sales. And here's Business Shares of Indian tobacco companies fell on Thursday after the government imposed a new tax on cigarettes, making them costlier for an estimated 100 million smokers. ITC, maker of Gold India cigarette tax hike sends tobacco stocks reeling Indian tobacco stocks tumble after new cigarette tax India Latest News NewsX World
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