- India increased taxes on cigarettes and tobacco from 28% to 40% this month.
- Industry representatives fear job losses and increased illegal trade due to the tax hike.
- The price of a pack of cigarettes could rise by approximately 60 cents, potentially impacting sales significantly.

A: Hey! Did you hear about something happening in India?

B: No, what's up?

A: They just seriously increased taxes on cigarettes and tobacco! Like, a lot!

B: Wow, really? What percent?

A: It went from 28% to 40%! It’s happening now.

B: That’s a big jump! So, what's everyone saying?

A: Well, the people who make cigarettes are worried. They think people might lose their jobs.

B: Oh no! Or what else?

A: They’re worried about more smuggling, too - people buying them illegally.

B: Makes sense, if they get too expensive. I remember last year they lowered taxes to help the economy.

A: Exactly! This is kind of to make up for lost money from those lower taxes.

B: How much more will a pack of cigarettes cost?

A: Around 60 cents more, maybe. About 55 rupees.

A: One shop owner says his sales could drop completely!

B: Seriously? That’s crazy! India has a *lot* of smokers, right?

A: Yeah, about 250 million! It's a big deal.