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The percentage of adult tobacco users declined from 20 percent in 2004 to nearly 16 percent in 2014

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Nadia Chauhan, joint managing director of Parle Agro, attributed the companys 87% decline in FY24 net profit to the 40% sin tax on sparkling drinks

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"Some people go toward the big bag of pipe tobacco, they get more for their money with it, or they're converting over to vape because it's a cheaper alternative." Theresa Juarez, a cashier at EZ Go Mini Mart, said she has not seen a decline in sales, but finds that people are finding ways around the tax increase to save money-- including buying cheaper brands of cigarettes