These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe are in times when a statement by US President Trump can cause crude oil prices to drop sharply and another by Iran can push them back up...
21 Apr, 2026, 11.32 PM IST
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
21 Apr, 2026, 05.30 AM 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 with two-slab structure to roll out from September 22India's GST framework is undergoing a significant overhaul, set to begin on September 22nd, simplifying the existing four slabs into a two-...
03 Sep, 2025, 11.02 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
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
CBIC restricts IGST refund for export of pan masala, tobacco, mentha oil from Oct 1The Central Board of Indirect Taxes & Custom (CBIC) has imposed restriction on automated refund of Integrated Goods & Services Tax (IGST) f...
01 Aug, 2023, 07.12 PM IST
Youth associations urge PM, finance minister to increase taxes on tobacco productsAccording to the associations, the Parliament Standing Committee on Health submitted a pertinent and comprehensive report on cancer care pl...
11 Jan, 2023, 06.55 PM IST
The GST cess shortfall – does tobacco hold the key?Tobacco is taxed at the highest slab of GST at 28 percent, being ‘sin goods’ and further attracting levies of additional duties like NCCD. ...
22 Aug, 2020, 02.39 PM IST
FAIFA asks govt for tax policy that disincentivises illegal cigarette tradeThe Federation of All India Farmer Associations (FAIFA), which claims to represent farmers of commercial crops from various states, includi...
17 Dec, 2019, 02.58 PM IST
Bidi smoking cost India Rs 80,550 crore last year: StudyBidi -- a cheap cigarette made of unprocessed tobacco wrapped in leaves -- is very popular in India, accounting for 81 per cent of the toba...
30 Dec, 2018, 01.26 PM IST
'Sin tax' for alcohol, tobacco industries in GST regimeAlcohol and tobacco industries will have to pay more taxes towards an additional 'sin tax' under the proposed GST structure.
25 Oct, 2015, 02.30 PM IST
Meghalaya decision to hike tobacco tax ruffles traders bodyThe traders apprehend the hike would encourage influx of cheaper products manufactured in neighbouring Bangladesh and Myanmar.
22 Mar, 2015, 04.04 PM IST
Achieving indirect tax target a challenge, says Revenue Secretary Shaktikanta DasThe government has budgeted to collect over Rs 6.24 lakh from indirect taxes in the current fiscal, up 20.28 per cent over the collection i...
03 Aug, 2014, 11.55 AM IST
Government to tax tobacco more to reduce consumptionUnion health minister Harsh Vardhan is for levying increased taxes on tobacco and tobacco-related products to discourage its consumption.
30 May, 2014, 12.40 PM IST