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CIGARETTE TAXATION INCREASE
ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...03 Jun, 2026, 12.01 PM IST- ITC announces final dividend of Rs 8/share. Check record date and other detailsExcerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an ...21 May, 2026, 05.42 PM IST
- ITC Q4 Results: Profit rises 5% YoY to Rs 5,113 crore; Rs 8/share dividend declaredITC reported a 5% year-on-year growth in its standalone net profit to Rs 5,113 crore for the March-ended quarter. Revenue from operations r...21 May, 2026, 04.21 PM IST
- ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...20 May, 2026, 12.16 PM IST
- Cigarette prices jump up to ₹55 per pack as new excise duty kicks in. Check what gets costlier and by how muchCigarette prices have surged by at least ₹22-25 per pack following a new excise duty. Premium cigarettes will see an increase of ₹50-55 per...01 Feb, 2026, 08.27 PM IST
- 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...23 Jul, 2024, 05.19 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
- 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
- Budget 2019: FAIFA urges government to correct cigarette taxation error to lessen burdenCigarettes account for 86% of revenue from tobacco taxation, while the contribution to tax collections from beedi and smokeless tobacco are...03 Jul, 2019, 01.25 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
- Disincentivise cigarette smuggling through tax policy: FAIFA"We appeal to the government to have a taxation policy, that disincentivises cigarette smuggling," FAIFA General Secretary Murali Babu said...16 Jan, 2018, 03.00 PM IST
- FAIFA demands roll back of cess on cigarettesThe association's General Secretary Murali Babu said the huge growth of illicit trade of cigarettes is a reflection of the unintended conse...07 Dec, 2017, 02.49 PM IST
- Higher taxation killing Indian cigarette brandsIn last 6 years, there has been 202% increase in taxation on cigarettes. There is no logic that legal cigarettes, accounting for only 11% o...29 Jul, 2017, 01.00 AM 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
- High taxation reduces cigarette industry from 110 billion sticks to 95 billion sticks over last three yearsThe WHO report on tobacco taxation 2015 reveals that at 6.5% of per capita GDP, cigarette taxes in India are amongst the highest in the wor...19 Feb, 2016, 07.28 PM IST
- West Bengal government increases tax on cigarette; may further increase pricesThe 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
- Cigarette companies: Price hikes with higher volumes hold promiseShares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.19 Jul, 2011, 04.24 AM IST
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