14:10//arrival Price cigarettes in Russia could rise to 2.5 times the excise tax on tobacco will rise much higher in 2014-2015, than previously expected, according to the new Bill, prepared by the Ministry of health of Russia. This is reported by UPI. So in 2013 year excise duty amounts to 550 roubles for one thousand pieces plus eight per cent of the retail price. Earlier it was expected that in 2014, that figure will increase to 800 rubles plus 8.5% and in 2015 year-up to 960 rubles and 9 per cent. However, the Ministry of health, the draft amendments to the law on health protection of citizens from the effects of tobacco smoke and the effects of tobacco use "proposes higher excise duties.... [Read more]