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GST CHANGES ON CIGARETTES
Classic, Gold Flake or Marlboro: How your cigarette bills may get costlier from February 1From February 1, 2026, cigarettes will cost more -- and it’s not just the brand that matters. Short sticks see smaller hikes, but king-size...01 Jan, 2026, 02.27 PM IST- GST on mobile phones after reforms: Will your next phone get cheaper?India's GST revamp, effective September 22, simplifies tax slabs to boost spending, but mobile phones remain taxed at 18%, despite industry...04 Sep, 2025, 12.39 PM IST
- Explained: Why ITC shares jumped after GST overhaul hit cigarettesITC Limited shares experienced a surge following the government's GST revision. The GST Council is streamlining tax slabs, potentially bene...04 Sep, 2025, 11.53 AM IST
- Tobacco prices set to rise 5–6% as GST council clears 40% slabTobacco products may become more expensive. The GST Council increased tax on items like cigarettes and pan masala. The new GST rate will li...03 Sep, 2025, 11.56 PM IST
- GST rate cut: What's in store for 36 lakh ITC shareholders? Jefferies analysts decodeITC shares have delivered no returns in two years amid GST, BAT stake sale, and Marlboro concerns. Jefferies expects revenue-neutral GST ch...03 Sep, 2025, 11.01 AM IST
- ITC shares fall 3% as GST on cigarettes may be hiked to 35%ITC share price: Shares of companies like ITC and Godfrey Phillips fell as the GoM decided to increase GST on tobacco and aerated beverages...03 Dec, 2024, 10.08 AM IST
- ITC shares rally nearly 10% in 2 sessions to cross Rs 500 markITC's shares soared nearly 10% in 2 days, surpassing Rs 500 and hitting a record Rs 510.60 on BSE. A 5% jump followed after the government ...24 Jul, 2024, 03.50 PM IST
- ITC shares jump 5% as cigarettes escape tax shocks in BudgetWhile taxation of tobacco is primarily under the purview of the GST Council, the central government also levies NCCD on cigarettes, subject...23 Jul, 2024, 02.00 PM IST
- ITC shares may remain range-bound till final Budget after election"While ITC trades at reasonable valuations (26x FY25e EPS), we expect the stock to remain range-bound, given near-term volume moderation (c...31 Jan, 2024, 12.34 PM IST
- Budget key event for ITC; NCCD hike of less than 5% positive for stock: JefferiesThe upsides for the stock include volume growth in cigarette business as ITC regains share from illicit trade and the margin expansion in n...30 Jan, 2023, 02.10 PM IST
- Sale of single cigarettes to be banned by Parliament to reduce tobacco consumptionEmphasizing the side effects of tobacco, the Standing Committee has proposed a ban on the sale and production of all single cigarettes to t...12 Dec, 2022, 12.15 PM IST
- ITC, Godfrey Phillips, VST Industries rally as cess on cigarettes remain unchangedThe country’s largest cigarette maker ITC surged by 3.8% on Monday.23 Jul, 2018, 07.35 PM IST
- Budget 2018: Cigarette industry heaves a sigh of relief after six yearsAn industry executive said the tobacco industry was expecting no changes in the taxation rate in the Budget since after the introduction of...01 Feb, 2018, 07.49 PM IST
- Tobacco stocks rebound after sharp plungeThe stock of ITC made a positive opening and gained 2.56 per cent to Rs 291.90 on the BSE.19 Jul, 2017, 12.48 PM IST
- Rs 50,000 crore goes up in smokeData from Bloomberg show a 16 per cent drop in the buy recommendations from analysts.19 Jul, 2017, 08.28 AM IST
- Current knee-jerk reaction a good point to enter ITC: Amnish Agarwal, Prabhudas LilladherA lot has come in this quarter but we need to watch out what happens in the coming quarters.18 Jul, 2017, 01.22 PM IST
- Government has last laugh on GST cigarette issueThe ITC stock surged to a record high two weeks ago after the announcement that overall GST rates were reducing the overall tax incidence o...18 Jul, 2017, 01.13 AM IST
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