Need Changes in Regulation to Sell Smoke-free Products Here21 Feb, 2025, 01.25 PM IST
Hold VST Industries, target price Rs 3300: ICICI DirectVST Industries, incorporated in the year 1930, is a Mid Cap company (having a market cap of Rs 5068.81 Crore) operating in Tobacco sector.
09 May, 2023, 01.34 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
Cigarette, tobacco smuggling incidents jump 136% in 2yrs: ReportMaximum revenue loss to the exchequer came from illicit trade of tobacco products, mobile phones, alcoholic beverages, it said.
27 Mar, 2018, 01.38 PM IST
Farmers' body seeks CBI probe against anti-tobacco health activists, money trailFederation of All India Farmer Associations (FAIFA), a body of farmers' associations from across the country mostly into cultivation of cas...
19 Nov, 2015, 10.08 PM IST
Assam, Meghalaya losing Rs 700 crore every year to illegal cigarette tradeAccording to officials in Assam and Meghalaya governments, almost 23 crore illegal cigarette sticks are sold in these two states every mont...
05 Jul, 2015, 02.00 PM 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
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
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
- India 6th largest market for illegal cigarettes
At an estimated 2,000 crore, India has become the sixth largest market for contraband cigarettes, casing huge revenue losses to the governm...
28 Dec, 2012, 02.46 AM IST
Union Budget 2011: Excise duty on cigarettes unchangedCigarette makers heaved a sigh of relief as union finance minister kept excise duty on cigarettes unchanged in the Union Budget 2011-2012.
28 Feb, 2011, 05.51 PM IST
- Contraband cigarette market in India estimated at Rs 1,700 cr
'Extremely high' excise duty on cigarettes in India has increased the incentives for contraband trade in the country, estimated at Rs 1,700...
15 Feb, 2011, 10.18 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
- Cigarette smuggling to hit tobacco farmers hard: ASSOCHAM
Contraband cigarettes, estimated to be at Rs 1,700 crore, are posing a threat to the livelihood of five million tobacco farmers in the coun...
11 Mar, 2008, 09.20 PM IST
- FDI in tobacco will increase contraband trade: TII
Expressing concern over the possibility of FDI in the Indian tobacco sector, Tobacco Institute of India (TII) has said such a move will not...
23 Apr, 2007, 10.20 AM IST
- ITC not to exit cigarette biz: Deveshwar
Even though the non-cigarette business of ITC Limited now contributed more than 50 per cent to its net turnover, the company on Friday rule...
21 Jul, 2006, 04.50 PM IST