Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sectorAditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players lik...
04 Jun, 2026, 10.40 AM IST
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 Q4 results: After margin surprise, all eyes now on cigarette tax impact, says Gaurang ShahITC Limited reported a steady March quarter. Strong operating margins were a key positive. EBITDA margins exceeded expectations. The compan...
22 May, 2026, 11.17 AM 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
ITC investors lose Rs 1 lakh crore after tax shock. Is there more pain in Budget 2026?ITC's market value has dropped significantly following a recent tax hike on cigarettes. Investors are now looking to the upcoming Budget fo...
01 Feb, 2026, 09.00 AM IST
ITC shares rally nearly 10% in 2 sessions to cross Rs 500 markITC's shares soared nearly 10% in 2 days, surpassing Rs 500 and hitting a record Rs 510.60 on BSE. A 5% jump followed after the government ...
24 Jul, 2024, 03.50 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
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
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
Tobacco growers blame lobbyists for high taxes hereITGA has claimed that more than $1 billion have been pumped into anti-tobacco movement in last two years by Bill and Melinda Gates Foundati...
29 Apr, 2016, 12.53 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 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
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