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Arnone led that deal as well, which netted $2 million in fees for Barclays and other firms

Our heritage and the foundation of our success is in cigarettes

Some cigarettes are dense and contain more tar while others use porous paper that can dilute the nicotine and tar

Tobacco Stocks Fall After Tax Hike The Finance Ministry has reintroduced and hiked excise duties on cigarettes, effective February 1, 2026, with levies now ranging from 2,050 to 8,500 per 1,000 sticks (in addition to a 40% GST) under the new tax structure a significant jump from previous rates

Let's take a closer look at the tobacco industry and how it has made so many investors rich over the years

The product has no pesticides or additives other than for flavoring elements and is manufactured to our exacting standards, aged, and stored in temperature-controlled facilities, ensuring a rich and satisfying taste experience