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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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4 mins read

Brewing gains: Alcohol as well as cigarette stocks on a high

Shares in Indian tobacco and alcohol companies have thrived, buoyed by demand growth and enforcemen…

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3 mins read

'Sin taxes' are meant to push people away from booze and cigarettes, but they mostly hit those who can least afford to pay

Just 10% of US households account for 80% of sin tax revenue, according to an NBER paper. Many of t…

Ben Winck   


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3 mins read

Public health experts pitch for higher taxes on tobacco products to make India tobacco-free in 'Amrit Kaal'

Participating in a discussion on "Amrit Kaal: A Journey towards Tobacco-Free India", organised …

PTI   


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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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6 mins read

Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players

Sin stocks are public companies engaged in activities or industries considered unethical or immoral…

Amy Fontinelle   


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3 mins read

Boris Johnson's links to soft drinks and tobacco lobbyists revealed after he announces review of 'sin taxes'

"He has serious questions to answer about the role of corporate lobbyists for the drinks and tobacc…

Adam Bienkov   


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1 min read

Only 50 luxury and 'sin' items find their place in GST's highest slab

In what is one of the biggest reductions ever since GST came into effect from July 1, the GST Counc…

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1 min read

Health ministry wants you to stub that ‘sinful’ cigarette out! Expect hike in sin tax by 40% in Budget 2016

A report by the health ministry and WHO, 'Tobacco Taxes in India: An Empirical Analysis', states th…

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3 mins read

Dubai has imposed a 50% 'sin' tax on soda - and it could have global consequences

So far, however, it's not clear whether such taxes lead to a decrease in diabetes or even obesity. …

Leanna Garfield   


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3 mins read

There is a £31 billion black hole in the UK economy because of 'sin taxes'

John O'Connell, chief executive of TPA, said: "Our ludicrously complicated, punitive tax system not…

Thomas Colson   


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1 min read

Black money: Government to ensure there is no washing away of past sins

The tax department will make sure that the window is not used by people who have already been red f…

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1 min read

Hero Moto, TVS Motor, Bajaj Auto shares rally as GST Council may consider tax cut

Shares of two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Company soared on Wednesday af…

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3 mins read

How new challengers to traditional TV are 'recreating the sins of the past'

Lynch says he expects Hulu's offering to be similar to Sony's, given that Hulu's big TV owners have…

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11 mins read

Germany's considering a new tax on meat - but it might not be a model for Democrats who want Americans to eat fewer hamburgers

"This is exactly what the fossil fuel industry wants us to talk about," Sen. Elizabeth Warren said …

Eliza Relman   


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1 min read

Centre got 40% of its indirect taxes from levies on petrol and diesel

The CAG report highlighted how exemptions are making the government lose money. More than Rs 2 lakh…

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1 min read

Arun Jaitley may increase service tax from 15% as precursor to GST rollout

So, the government may slap a higher service tax for three months to somewhat offset the revenue lo…

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1 min read

GST rate slabs finalized between 5% and 28%

The four-rate structure at 5%, 12%, 18% and 28% was finalized during the GST Council meeting. The s…

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2 mins read

Indian PM Narendra Modi promises his government will slash GST rates on over two dozen consumer items in the highest tax category

Earlier this year, India’s GST Council removed about 14 items from the highest tax category.…