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4 mins read

India is betting on casinos, online games and horse races to fill its coffers

Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…

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1 min read

30% tax on non-virginia tobacco can bring Rs 30,000 revenue: NHM

"COVID-19 pandemic has caused widespread destruction ofeconomic activity and there is a need to cha…

PTI   


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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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1 min read

Increase in cess on cigarette to escalate its smuggling: Tobacco Institute of India

New Delhi, Feb 1 () Imposition of additional duty on cigarette by the government would increase pre…

PTI   


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3 mins read

How President Biden's symbolic gas tax cut will impact oil markets

President Biden made a symbolic gas tax cut, and the latest dispatch from the NFT.NYC conference. T…

Phil Rosen   


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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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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…

PTI   


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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

FICCI CASCADE for status quo on GST rate on tobacco products to check smuggling

New Delhi, Dec 17 () Ahead of crucial GST Council meet on Wednesday, industry body FICCI's arm made…

PTI   


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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

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…

PTI   


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3 mins read

India’s illicit market has resulted in loss of 3 million jobs: FICCI

India’s illicit market has resulted in loss of 3 million jobs: FICCI