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Singapore Budget 2026: Tobacco Tax Hike Raises Cigarette Prices., Prime Minister and Finance Minister Lawrence Wong announced on Feb 12 that tobacco excise duty will increase by 20 percent with
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Smokers Face Higher Costs as Tobacco Taxes Increase in Singapore from Feb 12
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Cigarettes priced S$1.50 higher after announcement of 15% increase on tobacco's excise duty in Budget 2023
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![Budget 2026] Smokers will now have to fork out 58.9 cents for each stick of cigarette, up from 49.1 cents now. https://asia1.news/4aMG6TK #sgnews # Singapore #Budget #SGBudget2026 #OurBudget2026](https://lookaside.fbsbx.com/lookaside/crawler/media/?media_id=1323132823186538)
Budget 2026] Smokers will now have to fork out 58.9 cents for each stick of cigarette, up from 49.1 cents now. https://asia1.news/4aMG6TK #sgnews # Singapore #Budget #SGBudget2026 #OurBudget2026
21.01
![[Budget 2026] The increase in excise duty for tobacco products is expected to generate about $150 million in additional revenue per annum. https://asia1.news/4aMG6TK, #sgnews #Singapore #Parliament](https://lookaside.instagram.com/seo/google_widget/crawler/?media_id=3830884483433071362)
[Budget 2026] The increase in excise duty for tobacco products is expected to generate about $150 million in additional revenue per annum. https://asia1.news/4aMG6TK, #sgnews #Singapore #Parliament
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Wealth And Sin Taxes: Why Singapore Budget 2023 Raise Taxes For Those Who Own Expensive Properties, Luxury Cars, And Smoke Tobacco
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Singapore will implement a 20% increase in excise duty across all tobacco products from Feb. 12. This will discourage the consumption of tobacco products, said Prime Minister Lawrence Wong during his 2026
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