Largecap safety trade? 8 Nifty stocks test investor patience with losses for two yearsOver the past two years, eight Nifty stocks have experienced declines, with notable IT giants like TCS and Infosys pressured by shifts in c...
09 Sep, 2026, 09.31 AM IST
ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...
23 Jul, 2026, 07.08 PM 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
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
Budget keeps cigarette taxes untouched for second year in a rowICICIdirect analyst Sanjay Manyal said the stable taxation and excise duties on cigarettes would aid volume growth for cigarette companies ...
01 Feb, 2022, 04.21 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
Share of duty-paid cigarettes down substantially due to increase in tax: ITCITC said the tax on cigarettes has nearly trebled over the last six years whereby the taxation is about 50 times higher than other tobacco ...
17 May, 2018, 08.03 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
Cigarette sales will continue to be under pressure in India: ReportIn case of the economy cigarette segment, total tax accounts for over 75% of the price, while it is 50% in case of premium cigarette brands...
12 Oct, 2017, 08.49 PM IST
Additional tax on cigarette would impact legal sales, says ITCThe legal cigarette industry has witnessed a 25 per cent decline in volumes from FY 2012-13, said ITC.
28 Jul, 2017, 01.51 PM IST
Budget 2016: Excise duty on tobacco products up by 10-15%; cigarettes set to cost moreCigarette prices are set to go up for the fifth successive year in India with the Budget announcing 10-15% increase in excise duty for all ...
29 Feb, 2016, 05.15 PM IST
Budget 2015: More tax on cigarette means more contraband tobacco intake, Y C DeveshwarCigarettes account for a little less than half of its total sales, which stood at Rs 8,800.22 crore in the October-December period.
03 Feb, 2015, 02.56 PM IST
- West Bengal government increases tax on cigarette; may further increase prices
The companies are likely to take the final call on exact price hike by April, as other state governments present their Budget.
11 Mar, 2013, 06.11 PM IST
Budget 2013: Cigarettes, cigars to become costlier by 15%As per Budget proposal, prices of entry-level smaller cigarettes, which are of the sub-65 mm length, will remain unchanged.
28 Feb, 2013, 04.18 PM IST
ITC to counter illegal cigarette market with a pack of new brands: Kurush Grant, Executive DirectorITC Executive Director Kurush Grant tells ET that new cigarette brands are pitched against illegal cigarettes that account for 20% of the m...
28 Aug, 2012, 06.29 AM IST
Cigarette taxes are discriminatory: Kurush GrantDiscriminatory taxes on cigarettes have not helped reduce the tobacco consumption in the country, says ITC divisional chief executive (toba...
28 Sep, 2009, 12.52 AM IST
- Remove veil around state VAT on tobacco
Given this high rate of excise on cigarettes, the current debate on a possible extension of the State VAT thereto, in addition to the excis...
14 Mar, 2007, 02.33 AM IST