ITC hikes cigarette prices again

ITC has increased the price of its Gold Flake Regular Size Filter Tips cigarettes by ₹10 per pack, taking the MRP of 10-cigarette pack to ₹135 from ₹125. This marks the second price hike this year. The increase follows earlier hikes this year after cigarettes moved to 40% GST and a revised excise-duty structure took effect from February 1.