ITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...

Smoking is now a sign of wealth in India. Higher taxes make cigarettes expensive. This makes lighting up a cigarette a display of disposabl...

The Tobacco Institute of India warns that a significant excise duty hike on cigarettes will harm farmers, MSMEs, and retailers, while boost...

The government has increased excise duty on cigarettes by 10 per cent in Budget 2016, which was largely in line with expectations, clocking...

In the previous session also, cigarette stocks had recovered after falling sharply on the excise duty hike announcement.

ITC, the country’s largest cigarettes seller, did not respond to the mail seeking comment on the latest excise hike in the national budget.

Cigarette prices are set to go up for the fifth successive year in India with the Budget announcing 10-15% increase in excise duty for all ...

ITC peers such as Golden Tobacco, Godrej Philips (up 0.80 per cent) and VST Industries (down 1.15 per cent) and Godrej Philips (2.27 per ce...

Smoking will become costlier yet again with excise duty on cigarettes and cigars being hiked for the fourth consecutive year.

Smoking is going to be costlier yet again with the budget increasing excise duty on cigarettes and cigars for the fourth consecutive year.

The company has a manufacturing facility at Hyderabad and its principal activities are manufacture, sale of cigarettes and unmanufactured t...

Cigarette price is going to go up by 12-14% for regular length cigarettes whose excise duty has been increased by 11-21%.

The actual increase came much lower than expected – leading to a relief rally in the stock. The company’s stock is up over a percent follow...

Budget 2012 announced a proposal to increase basic excise duty on cigarettes of more than 65mm length by adding an ad valorem component of ...

Excise Duty rates should be kept unchanged to leverage the tax efficiency of cigarettes by encouraging shifts from non-cigarette forms of c...

Industry body, ASSOCHAM has recommended retention of single-point central, specific duty structure for cigarettes.

Given this high rate of excise on cigarettes, the current debate on a possible extension of the State VAT thereto, in addition to the excis...