Table 3

Summary statistics of the increases in tax and prices between 2011 and 2017

Percentage changeAbsolute change (Rs per pack, real values)
Premium %Popular %Economy %PremiumPopularEconomy
Real retail prices544729745731
VAT (15%) per pack5447291074
Real excise tax474747313131
Real net-of-tax prices6247−153318-4
  • Source: Authors own calculation based on real prices and taxes data.