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GST INCREASE ON TOBACCO PRODUCTS
Renewable energy developers seek GST cut on battery storage systems to 5%Developers want a five percent goods and services tax on battery storage systems. This change would support faster deployment of renewable ...- Canada new laws and rules in August 2026: Major changes to banking, cosmetics and colleges could affect students, shoppers and newcomersCanada introduces ten significant federal laws and rule changes starting August 2026. Student grants remain higher, while private college e...
- OPEC+ agrees September oil hike, completing rollback of voluntary cutsOPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cut...
- Drugs cause ruin, liquor banned in 19 religious towns of MP: CM Mohan Yadav after launch of nationwide driveMadhya Pradesh Chief Minister Mohan Yadav highlighted substance abuse as a root cause of social ruin. His government has enforced prohibiti...
- Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
- India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- GST collections stay on track, rise 15% in JulyIndia's July GST collections surpassed ₹2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributi...
- India's gross GST collections rise 15.4% to Rs 2.11 lakh crore in JulyIndia's GST collections reached Rs 2.11 lakh crore in July 2026, reflecting a 15.4% growth year-on-year. The surge in revenue was largely d...
- India ready for a premium wealth show while US missiles rattle the worldIndia's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran w...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
- Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
- VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
- Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed d...
- Steps likely to safeguard FCV tobacco farmersThe government is currently investigating ways to protect the interests of FCV tobacco farmers. On July 25, a ministry team traveled to And...
- Govt examining measures to safeguard FCV tobacco farmers of AP: GovtThe government is actively examining measures to safeguard FCV tobacco farmers' interests. A ministry team visited Andhra Pradesh to review...
- Non-smokers are not safe from lung cancer. Doctor says one ‘silent danger’ behind lung cancer is hiding in your kitchenUndoubtedly smoking can exponentially increase the risk of being diagnosed with lung cancer. However, a doctor revealed on X how it is not ...
- Yoga may improve chances of quitting tobacco by 50 pc, boost mental well-being: AIIMS studyYoga practice significantly improves tobacco cessation chances for users. This practice also reduces anxiety and depression linked to addic...
- India contributes one-third of global oral cancer burden; early detection key to survival, says oral cancer expertIndia contends with a pressing oral cancer crisis, with thousands of new diagnoses and deaths emerging annually. The predominant factor beh...
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