Sector rotation underway: 3 themes to watch for your portfolio, says Devang MehtaIndia's stock markets are experiencing a sector rotation, with consumption stocks like tobacco and alcobev surging after years of quiet. In...
20 Apr, 2026, 10.37 AM IST
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobaccoParliament has approved a new bill. This legislation will allow for higher excise duty on tobacco products. This change will take effect on...
04 Dec, 2025, 06.16 PM IST
Central Excise (Amendment) Bill, 2025: Govt tables bill for new levies on cigarettes, pan masala and gutkhaFM Sitharaman introduces Health Security National Cess Bill 2025 to replace GST compensation cess on tobacco products, including cigarettes...
01 Dec, 2025, 01.05 PM IST
Bill to replace tobacco cess with new levy in winter sessionThe central government might present a bill during Parliament's winter session. This bill focuses on imposing a levy on tobacco products. I...
06 Sep, 2025, 12.55 AM IST
Govt to monitor GST rate cuts to ensure relief reaches common man: MinisterThe finance ministry will closely monitor the implementation of reduced GST rates to ensure the relief reaches the common man, according to...
05 Sep, 2025, 12.32 AM IST
GST Council retains 28% tax and cess on tobacco, sin goodsThe Union finance minister will decide on the date when the new tax rate for these items will be applicable. Currently, such products attra...
04 Sep, 2025, 04.11 PM IST
GST 2.0 reforms: Centre mulls extra duty on tobacco, states want shareTo maintain overall taxation on tobacco products post GST 2.0 reforms, the Centre may impose additional excise or special duty above the pr...
21 Aug, 2025, 05.55 PM IST
Smokey Affair: GST on cigarettes, tobacco products may be raisedIndia is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess...
20 Feb, 2025, 10.18 AM IST
Pan masala makers to pay Rs 1 lakh penalty from October 1 for failure to register machines with taxmenThe Central Board of Indirect Taxes and Customs (CBIC) on August 6 notified October 1, 2024, as the date for levy of up to Rs 1 lakh penalt...
07 Aug, 2024, 12.18 PM IST
GSTN rolls out form for tobacco manufacturers to report inputs, outputs to tax authoritiesThe GST Network (GSTN) has introduced a new form, GST SRM-II, for manufacturers of pan masala and tobacco products to report inputs and out...
08 Jun, 2024, 01.18 PM IST
GSTN rolls out special procedure for tobacco manufacturers to register machines with tax authoritiesThe GST Network (GSTN) has introduced an online facility for manufacturers of pan masala, gutkha, and similar tobacco products to register ...
17 May, 2024, 02.19 PM IST
Govt allows tobacco cos to fill their monthly returns through special procedure till May 15Government extends CBIC's new procedure deadline for pan masala and tobacco product manufacturers till May 15 to improve GST compliance, fa...
12 Apr, 2024, 03.48 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
Include bidi in demerit goods under GST regime, oncologists urge PM Narendra ModiThe demand from leading oncologists and 108 cancer hospitals under the aegis of the state-funded National Cancer Grid (NCG), comes ahead of...
22 Apr, 2017, 05.41 PM IST
Include all tobacco products in demerit goods category: ExpertsIn a letter to the Finance Minister, the state-based outfit has pointed out that classifying different products in lower rate slabs will le...
16 Feb, 2017, 02.28 PM IST
Remove anomalies across sectors before GST rollout: ReportFor the telecom sector, the paper cautioned that GST may negatively impact the working capital cost since initial landed price of purchases.
02 Nov, 2016, 04.35 PM IST
'Sin Tax' on tobacco below 40% to have negative impact: Voluntary Health Association of AssamVHAA demanded at least 40 per cent sin tax with a provision for states' right to impose top-up taxes on all types of tobacco, like cigarett...
02 Nov, 2016, 12.54 AM IST