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Centre plans new health and security cess to keep tobacco taxes high as GST compensation levy ends

India is set to introduce new taxes on tobacco products like cigarettes, pan masala, and gutkha. This move comes as the Goods and Services Tax compensation cess concludes. Finance Minister Nirmala Sitharaman will present a new bill and an amendment to the Central Excise Act. The aim is to maintain the current tax levels on these items.