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1 min read

Cigarette stocks slump up to 7 pc after Budget hikes excise duty on tobacco products

New Delhi, Feb 1 () Cigarette stocks on Saturday plunged up to 7 per cent, led by ITC, as tobacco r…

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6 mins read

Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash

The Indian government has proposed several changes to the Cigarettes and Other Tobacco Products …

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3 mins read

Over Rs 39, 000 crore loss to exchequer in 2014 all thanks to illicit trade!

According to the report, there was a loss of Rs 26,190 crore in 2012. Amongst the various sectors,…

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2 mins read

Tobacco farmers' body urges govt for 'pragmatic' approach on cigarette taxation

He further said the hike in NCCD was unexpected as several representations were made to the govern…

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Great news for the common man, no change in tax slabs but cess and excise duty hiked on several products

Jaitley said the role of tax payers was important in nation building and each rupee contributed to …

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3 mins read

Despite government efforts, 625,000 Indian children still use tobacco daily

The WHO’s Global Adult Tobacco Survey estimated that the total number of smokers in India fell by 8…

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1 min read

ITC Q1 Sales Jump 25%

ITC's consumer goods business, which includes packaged foods and personal care products, went up 11…

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Cigarette stocks continued to remain under pressure; ITC tanks 5 pc

New Delhi, Feb 3 () Cigarette stocks continued to remain under pressure on Monday led by ITC which …

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Budget 2020: Cigarettes, imported products, furniture, footwear to become costlier

New Delhi, Feb 1 () A large number of items including cigarettes, chewing tobacco along with import…

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2 mins read

FAIFA asks govt for tax policy that disincentivises illegal cigarette trade

As a result, tobacco farmers have been adversely affected, the body said in a letter to Finance Mi…

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Anger in S Africa as government reneges on sale of cigarettes during lockdown

"This was promoted by more than 2,000 public comments saying that they were opposed to the sale of …

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3 mins read

GST intelligence officials detect Rs 105 crore tax evasion by Indore-based cigarette manufacturer

As part of 'Operation Kark', the DGGI Bhopal officials had conducted searches in the premises of o…

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2 mins read

Statutory Warning: Cigarettes to cost more after budget?

The heat of the hike in price was felt by the people who buy full packet as the price of Navy Cut p…

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6 mins read

Union Budget 2019 Highlights: FM levies more tax on the Super-rich, while making home loans cheaper for the middle class

The Finance Minister Nirmala Sitharaman unveiled her maiden Budget covering aspects of startups, ed…