Searched for
NCCD
Fresh food demand drives cold chain upgrade in seafood sectorIndia's seafood industry is modernizing its cold chain with AI and IoT to meet rising consumer demand for fresh, natural products. Policy s...- ITC investors alert: What does a hike in statutory tobacco taxation in Budget fineprint revealITC shares fell nearly 3% during the Budget-day session as investors reacted to the December cigarette tax overhaul kicking in from Februar...
- Cigarettes won't burn a bigger hole in smoker's pocket this year as Budget leaves prices unchangedThis year's Union Budget was presented on July 23 by Finance Minister Nirmala Sitharaman. No increase was made to the National Calamity Con...
- Budget 2024: Stable taxation to improve cigarette volumesBREAKING: Union Budget for 2024-25 keeps cigarette prices stable! Smokers rejoice as taxes remain unchanged. Analysts predict positive impa...
- Duty hike on cigarette to have a nominal impact on prices, say expertsFollowing the announcement in the Budget 2023-24, excise duty on filter cigarettes of length more than 70 mm but not exceeding 75 mm will g...
- ITC shares rally over 6% to hit fresh 52-week high. Was the Budget really so good?For ITC, cigarettes constitute more than 80% of the company’s net profit and about 45% of its topline. Therefore, tinkering in taxes has an...
- Prices of cigarettes may go up post Sitharaman's proposal to hike duty by 16%Analysts expect the companies will increase prices by around 2 to 3% which will not impact sales, since there was no major price increase i...
- Budget 2023: ITC recovers sharply even as FM hikes NCCD on cigarettes by 16%The government hiked the National Calamity Contingent Duty (NCCD) on cigarettes by 16%. NCCD accounts for about 10% of overall taxes on cig...
- 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...
- Budget 2023: Hike in cigarette tax, higher spend on rural schemes on anvil for FMCG cosWhile taxation of tobacco is primarily under the purview of the GST Council, the central government also levies a National Calamity Conting...
- Both GST and Excise duty can be imposed on tobacco: Karnataka HCThe Karnataka High Court has ruled that the Union government is entitled to levy Central GST (CGST) as well as excise duty on tobacco and t...
- Budget 2020: Smokers to pay more on cigarettes, excise duty hiked on tobaccoPrice of cigarettes will go up by 6-7% in case of lower priced packs where the stick size is small and has borne the maximum increase in du...
- RBI releases draft directions on variation margin; asks for comments“Comments on the draft directions are invited from banks, market participants and other interested parties by October 15, 2020,” the centra...
- 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. ...
- Government to focus on pack houses, refrigerated vehiclesAccording to the study, there are close to 250 pack houses in the country but the requirement is for 70,000 pack houses.
- Budget 2015: Government’s intention to implement GST in April 2016 is welcome, says Harishankar Subramanian"The finance minister's affirmation of the government’s intention to implement GST in April 2016 is indeed welcome and will go a long way i...
- Budget 2012: Duties on fibres should be brought down to 4%, says FICCIThe duty differential between cotton and synthetics continues, even though Polyester today is the fabric of 'Aam Aadami', said FICCI.
- Centre to reduce gaps in cold chain infrastructure: PawarThe NCCD will strive to develop standards and protocols to cold chain besides organising training programmes for the stakeholders.
- Budget 2012: Discontinue National Calamity Contingent Duty on crude oil, says FIEOThe Planning Commission, in its Integrated Energy Policy says that energy prices in the country should be internationally aligned.
- Brace up for a tsunami cessThe government may impose a special natural disaster surcharge in the coming budget on the lines of the Gujarat levy.
Load More
