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CIGARETTES DUTIES
Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman S...
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 ...
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...
Tactical buying visible in IT, selective opportunities emerging in auto ancillaries: Neeraj DewanIndian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concern...
Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
GST at 40%: Cigarettes turn into India’s costliest status markerSmoking is now a sign of wealth in India. Higher taxes make cigarettes expensive. This makes lighting up a cigarette a display of disposabl...
Cigarette prices: FAIFA says duty hike on tobacco products will hurt farmers, fuel smugglingThe Federation of All India Farmer Associations (FAIFA) criticizes the government's increased excise duty on tobacco products, warning it w...
FAIFA urges govt to cut duties on cigarettes in Budget 2023Federation of All India Farmer Associations (FAIFA), a non-profit organization representing the cause of farmers and farmworkers of commerc...
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...
Cigarette companies gain ground despite duty hike, ITC surges 9%In the previous session also, cigarette stocks had recovered after falling sharply on the excise duty hike announcement.
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 ...
Budget 2015: Cigarette prices to go up by 10-15%Smoking is going to be costlier yet again with the budget increasing excise duty on cigarettes and cigars for the fourth consecutive year.
Budget 2014: Excise duties on cigarettes, tobacco, pan-masala, gutka hikedCigarette price is going to go up by 12-14% for regular length cigarettes whose excise duty has been increased by 11-21%.
Budget 2012: Raise import duty on cigarettes to 150 pc, demands PHD chamberPHD chamber has asked the govt to hike import duty on cigarettes to 150% in Budget 2012 to check tax evasion through under invoicing of the...
Budget 2012: Maintain tax stability in excise rates for cigarette/tobacco industry, says FICCIExcise Duty rates should be kept unchanged to leverage the tax efficiency of cigarettes by encouraging shifts from non-cigarette forms of c...
- Budget 2011: ASSOCHAM recommends retention of single-point central, specific duty structure for cigarettes
Industry body, ASSOCHAM has recommended retention of single-point central, specific duty structure for cigarettes.
- Non-filter cigarette duty dampens industry spirit
FM did not spare cigarette manufacturers for the fourth consecutive year. The move is estimated to put an additional burden on the industry...
- Non-filter cigarettes to cost more
Finance Minister P Chidambaram does not want to differentiate between filter and plain cigarettes, on which he has proposed to levy an exci...