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Excise duty in cigarette hiked. Tobacco farmers in india are struggling to make ends meet
Cigarette smoking is injurious to health
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…
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…
PTI
Biden's child tax credit checks will boost spending by as much as $200 billion, analysts say, with Amazon, Walmart, and Papa Johns set for big wins
Around 39 million households will receive up to $300 monthly checks as part of Biden's child allowa…
Mary Hanbury
South Africa's 9 million smokers were faced with cold turkey when the government banned cigarette sales in March as a coronavirus measure. Now Big Tobacco is fighting back.
Cigarettes have become the top illicit drug, more profitable than cocaine and heroin, analysts told…
Will Martin
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…
PTI
GST intelligence cracks whip on pan masala manufacturers, detects over Rs 500 cr tax evasion
"Operation Kark to counter illicit sale of pan masala/tobacco/cigarettes, which was initiated on 30…
PTI
GST rate slabs are set. Here’s what is getting expensive and cheaper
Jaitley said the GST, which has been a long pending issue and is expected to propel growth and boos…
GST intelligence detects Rs 225cr tax evasion, busts illicit pan masala manufacturers in Indore
During the search operation which was also conducted in Jabalpur and Bhopal in addition to Indore a…
PTI
ITC’s net profit jumps by 36% to ₹4,023 crore on tax credit
ITC’s second quarter net profit jumped by 36% to ₹4,023 crore from ₹2,954 crore in the same quar…
Sugar is the new tobacco - and major industries are scrambling
Still, once Bloomberg was mocked for advocating for a different kind of ban - outlawing smoking in …
Kate Taylor,Erin Brodwin
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…
India is mulling the introduction of a “natural disaster tax” to fund relief efforts
In the aftermath of the Kerala floods in late August, in which close to 500 people died and the dam…
Imperial Tobacco just blamed ISIS for falling cigarette sales
The UK cigarette giant just blamed "the deteriorating political and security situation" in Iraq, on…
Oscar Williams-Grut
ITC is monetising its distribution network to shore up non-tobacco revenues
It is also interested in acquiring stake in some of these smaller companies. "The way ITC has a pac…
This is the only TIP you need while making your new year’s financial resolution
A TIP will enable you to lead a worry-free life because it is the best income replacement tool and …
Breaking News: India begins its tryst with GST
From now, India is unified under one tax system, transforming the indirect taxation landscape i…
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…
Tobacco Products Have Some Pretty Fat Profit Margins
Ever wonder how cigarette companies can still be in business despite all those seemingly crippling …
Rob Wile
Analyst Has A Funny Explanation For Why The Housing Recovery Is Great For The Cigarette Business
It's not all roses for Big Tobacco. "An offset to the positive macro data points is the reduction o…