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,...
08 Aug, 2017, 12.22 PM IST
Singapore bans e-cigarettes, other emerging tobacco productsIn a pre-emptive measure to protect public health, Singapore has banned emerging tobacco products like e-cigarettes, smokeless cigars and c...
14 Dec, 2015, 06.49 PM IST
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 ...
03 Jul, 2015, 11.25 PM IST
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.
13 Mar, 2015, 05.08 PM IST
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.
01 Mar, 2015, 04.42 AM IST
Budget 2015: Widen tax base to cover all tobacco products, says TIIHigh taxation should not be restricted only to cigarettes but all forms of tobacco must be included to counter the growing menace of contra...
12 Feb, 2015, 01.00 PM IST
Impose higher taxes on all illegal tobacco products: TIIExcise duty was increased to 72 per cent on cigarettes of length not exceeding 65 mm and to 11-21 per cent for those of other lengths.
09 Feb, 2015, 04.29 PM IST
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...
13 Jul, 2014, 12.30 PM IST
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...
10 Jul, 2014, 08.07 PM IST
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.
10 Jul, 2014, 03.45 PM IST
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.
04 Mar, 2013, 05.35 PM IST
Budget 2013: Super rich tax, other proposals to swell exchequer by Rs 18000 croreFM imposed a surcharge of 10 per cent on persons (other than companies) whose taxable income exceeds Rs 1 crore.
28 Feb, 2013, 04.57 PM IST
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.
14 Feb, 2013, 06.59 PM IST
- Fuel products contribute 60 pc of central excise revenue
As per the CAG report, while motor spirit account for 24.12 % of the government's total excise revenue, refined diesel oil's share was 22.4...
27 Mar, 2011, 11.40 AM IST
- 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.
09 Feb, 2011, 01.05 PM IST
- Govt notifies FDI ban in cigarette manufacturing
The government today notified the ban on FDI in cigarette manufacturing.
10 May, 2010, 08.17 PM IST
- Indirect tax in Budget 2010: What it means for India Inc
India Inc should not grudge the 2% hike in Cenvat, considering it is a profound shift towards the much sought-after & simpler Goods & Servi...
27 Feb, 2010, 01.29 AM IST