News & Media 6th Feb 2023

Spotlight: Taxing sin – Budget 2023


Sweta Rajan Partner | Mumbai

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In the Union Budget 2023, the finance minister enhanced the tax on cigarettes by 16%. The tax levied on such items is higher than most products that you use on a daily basis and comprises a major portion of their prices.

Sweta Rajan, Partner, Economic Laws Practice (ELP) has been quoted in an article titled ‘Spotlight: Taxing sin – Budget 2023’ published by The Financial Express on this issue.

Read the article here: Click here