INDIAN ECON, POLITICS, SOCIETY + BTC PRICE

[M47AK16]

I have been shown continuously in social media feeds about this news in the memes. I remember the price of cigarette will cost around 72 rupees, but I am not sure it's for a single piece or the price will increase for a whole pack. Currently it is cost around 18 rupees if I am not wrong.

Taxing tobacco isn't going to stop the people from using it but encourage the black market cigarettes such as from China and Indonesia, that is much cheaper so Indian government is making laws that will benefit the other coutnries.

I as well have been seeing some memes going around stating price for cigarettes is going to increase rapidly. Yes, as of now one cigarette costs around 18 rupees where I stay but when I travel, I see the same cigarette being sold for 20 to 25 rupees. The actually MRP varies in every state, I guess. I remember purchasing the same cigarette for 22 rupees in Maharashtra while in Karnataka it was sold for 16 rupees. I guess similar to alcohol, price for cigarette too changes in every state.

Increasing the price will only bring counterfeit cigarettes in the market which are 10 times for harmful than the regular ones. Government should think about this. Not everyone is going to quit smoking just because the rates are hiked. They will find ways to get hands on cheap cigarettes just because they can't control the cravings.

[TheUltraElite]

I think traffic hike and price hike of smartphones is going to happen again.

I though am comfortable with buying a <15k phone and running it for the next 3 years, the current one I have is like that and it will step into 4years now. I will only change that once the software become obsolete and stops supporting banking apps.

For tariff I pray that Jio keeps the 198 plan on, otherwise its doomsday for cheepos like us.

[pawanjain]

Not that much but yes it will increase to around 24-25 , so a packet will now cost 60-70 rs more

that's excatly what this goverment refused to understand ...banning & overtaxing never works in a country like India , people always find loops ..same thing they did with real gaming apps , tried same thing with crypto by overtaxing it.Let Adult do what they want with their money , just regulate things .

Do you have the source of where you got those rates from ?
Everywhere I got this news it was mentioned that they will be increasing the rates to 72 rs for one cigeratte.
That is a drastic rise in it's price. To be honest I don't really think the government will increase it so much.
24-25 rs is still far better from that price but yeah, whatever be the price the one's who smoke will keep smoking no matter what the price is.

[vivekdhyani1]

^^ it's a personal source , i know a Wholesale distrubator of tobacco products in my area ..he quoted me that price.

Here some detail breakdown of GST rates :

https://www.indiatoday.in/business/story/cigarette-prices-to-rise-from-february-1-new-tax-calculation-explained-brand-name-cost-cess-2845490-2026-01-02

[Bitcoin Smith]

Not everyone is going to quit smoking just because the rates are hiked. They will find ways to get hands on cheap cigarettes just because they can't control the cravings.

Scientifically, quitting smoking is one of the hardest thing even with a lot of effort and self discipline it will take atleast a year for a moderate user so no one is going to stop at all but the rate of smoking might decrease but as said it will increase the cheap imported cigars to get into the wider market.

I think traffic hike and price hike of smartphones is going to happen again.

I though am comfortable with buying a <15k phone and running it for the next 3 years, the current one I have is like that and it will step into 4years now. I will only change that once the software become obsolete and stops supporting banking apps.

For tariff I pray that Jio keeps the 198 plan on, otherwise its doomsday for cheepos like us.

For the flagship models, the price hike is simply the way that it always has been. They will start with competitive price once they get user they will turn into premium ones instead of flagship killer. But mobiles usually will cost higher because of Nand and Memory price increase in the global market and it already happened. The mobiles sold for 12,999 is now sold for 15,999 which is only because of the storage device demand all around the world.

I still see the old price tags on jio app but not sure when they are going to change them but sure it is coming.