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HMRC’s takings from ‘sin taxes’ have fallen by 35% over the past decade to £24.2bn or 2.8% of its total revenues in 2024/25, ...
Even as the GST Council has pushed cigarettes, pan masala, and other “sin goods” into the new 40% tax slab under its sweeping GST 2.0 reforms, alcohol will continue to remain outside the ambit of the ...
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