Current Affairs - National - Discussion

The government has announced a significant change in the taxation framework for sin goods such as tobacco and pan masala by introducing additional levies beyond GST. These include an additional excise duty on tobacco products and a Health and National Security Cess on pan masala. The new tax structure replaces the earlier compensation cess and follows parliamentary approval of relevant legislation. These measures are intended to discourage consumption due to health concerns while also enhancing government revenue. The notified implementation date for these changes is February 1, from which the revised taxation mechanism comes into effect.