01
Feb
New Delhi (Rajeev Sharma): Several financial, regulatory and pricing revisions came into force across India on Sunday, bringing a combination of relief and added burden for consumers, businesses and commuters. While some measures are expected to ease costs for motorists and air travelers, others will tighten household and commercial budgets through higher taxes and price increases. One of the most noticeable changes is the steep rise in cigarette and tobacco prices. As per the revised tax framework notified earlier, products such as pan masala, gutkha and khaini are now taxed at a flat 40 per cent under the Goods and…