Tags tax on tobacco Ministry proposal to slap new tax on tobacco comes under fire Thursday, Jul 25, 2024 The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions. Tax increase on tobacco must be backed by crackdown, control of smuggling: experts Tuesday, Mar 22, 2022 Any increase in special consumption tax on tobacco must be accompanied by a crackdown on cigarette smuggling, experts have said.