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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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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…

PTI   


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2 mins read

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   


Will Martin   


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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…

PTI   


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2 mins read

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   


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1 min read

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…

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3 mins read

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   


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1 min read

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…

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9 mins read

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   


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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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2 mins read

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…

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1 min read

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   


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1 min read

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…

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3 mins read

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 …

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1 min read

Breaking News: India begins its tryst with GST

From now, India is unified under one tax system, transforming the indirect taxation landscape i…

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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…

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1 min read

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   


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1 min read

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…

Steven Perlberg