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Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...- Lines that framed a nation’s future: When Budget speeches weren’t prime-time showsBefore Budget Day became a televised and social-media spectacle, Budget speeches were sober, number-heavy statements addressed to Parliamen...
- 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...
- World No-Tobacco Day: Risk for oral cancer in smokers 10 times higher than that of non-smokersIn 2020, oral and lip cancer was the most common form of cancer in men in India.
- DPIIT kickstarts exercise to ease FDI norms moreThe department held an inter-ministerial meeting to discuss further opening up in sectors, especially where 100% FDI is not allowed on the ...
- Inter-ministerial group to discuss FDI policy easing on Oct 29The exercise assumes significance as the department is holding series of internal meetings with different ministries and departments to loo...
- Decoding the rationale behind finance ministers' obsession with tobacco during budget makingMadhu Dandvate wanted to discourage smokers with higher taxes, though he interpreted this not as a role of the government but as a familial...
- APPENDIX 6: Prohibited Sectors for Foreign Direct InvestmentReal estate business or construction of farm houses - This shall not include construction of townships, residential or commercial premises,...
- Craving for a memorable road trip? Head for the Bagan Road trip in MyanmarDrive to the sunset vantage point near the pagodas in Myanmar.
- Want to know what's costly and what's cheap after this Budget? Here's the listFinance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.
- FDI in manufacturing of tobacco products prohibited: RBIFDI is prohibited in the manufacturing of cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes, RBI said in a ...
- ITC to hike cigarette prices by up to 15%ITC is India's largest cigarette manufacturer. ITC's cigarettes with revised prices are expected to hit market by end of the next week.
- Budget 2015: Smokers hit hard as excise duty on cigarettes and cigars hikedSmoking will become costlier yet again with excise duty on cigarettes and cigars being hiked for the fourth consecutive year.
- Flyers duty free allowance of cigarettes, cigars halvedThe decision comes barely a day after FM proposed 'sin tax' and announced increase in excise duty on cigarettes in the range of 11 to 72 pe...
- VST Ind tanks over 18% on hike in excise duty on cigarettesThe company has a manufacturing facility at Hyderabad and its principal activities are manufacture, sale of cigarettes and unmanufactured t...
- Budget 2014: Impact on FMCG and pharma & healthcare sectorsFMCG companies engaged in the manufacture of soap would ensure some savings on their raw material cost bill.
- Budget 2013: What will affect your household spendingSome changes on the indirect taxes front are set to affect your household budget. Here's what to watch out for.
- Budget 2013: Super-rich to pay more on cars, bikes & phonesThe super rich in India will not only have to pay higher taxes on their earnings now, they will also shell out more for their Lamborghinis,...
- Budget 2013: FICCI demands ban on FDI in cigarettes' manufacture & tradeFICCI also suggested similar ban to be extended to entities set up by MNCs with the objective of marketing cigarettes.
- Govt notifies FDI ban in cigarette manufacturingThe government today notified the ban on FDI in cigarette manufacturing.
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