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EMPLOYMENT LOSS CIGARETTES
Cigarette tax hike may boost illicit trade, hurt employment and tax revenue: ReportWith the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. Th...- 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...
- India’s high tax rates: Boon for bureaucrats, bane for the economyIndia has one of the highest GST rates globally, leading to lower tax revenue efficiency and economic activity. High tax policies have dete...
- Budget 2024: ITC, Tata Consumer, other FMCG shares climb up to 5% on govt's rural, employment pushThe government has made a provision of Rs 2.66 lakh crore for rural development including rural infrastructure. Finance Minister Nirmala Si...
- Wall St ends lower as investors weigh fresh employment dataDeclines in energy stocks weighed on the major indexes, with oil prices dropping 4% as a larger-than-expected rise in U.S. gasoline invento...
- Loneliness can impact longevity & quality of life, claims study
- Bull's eye? 5 key takeaways for D-St investors from BudgetFinance Minister Nirmala Sitharaman announced to ramp up capital investment for the third year in a row by 33% to Rs 10 lakh crore
- Budget Expectations: Retailers seek tax cuts to fight cheap smuggled items"The high taxes are creating a huge demand for smuggled and counterfeit products across the country and are forcing millions of small and i...
- Government notifies GST compensation cess extension to March 2026GST Compensation Cess is levied by the Goods and Services Tax (Compensation to States) Act 2017. The object of levying this cess is to comp...
- Lockdown: Tobacco farmers seek rescue package, say crop worth Rs 4,400 cr lying unsoldFederation of All India Farmer Associations (FAIFA), which claims to represent farmers and farm workers said demand for tobacco has weakene...
- ITC continues to work with a 'growth mindset' amid slowdown: Sanjiv PuriPuri said having entered 12 new FMCG categories in last five years, ITC is now focussed on scaling up some of these categories rather than ...
- Talking stock: Prefer HDFC Bank & M&M to HDFC AMC and ITCHDFC Bank and M&M provide significant confidence on growth prospects.
- ITC to add 2500 rooms in 5 yrs, mulls foray to healthcare space"ITC earlier said it would invest Rs 25,000 crore over the next five years in various sectors, of which Rs 10,000 crore would be invested i...
- What I read this week: World leaders think Trump's tax overhaul is dangerous & the future is hereThere could be large capital outflows from non-US countries if the corporate tax rates are cut.
- 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...
- Plain packaging will destroying legal domestic industry: TIIUnder plain tobacco packaging currently followed only in Australia, logos, colours, imagery and promotional information are not allowed on ...
- After cigarette, beedi makers stops productionThe body said the curved area and wrapping paper edges of beedi pack prevents printing on a reasonably large area of the curved surface.
- Parliamentary panel favours bringing tobacco production under regulatory regimeA Parliamentary panel has recommended framing an "equitable and pragmatic" National Tobacco Control Policy so various organs of govt can wo...
- 13 mind-blowing facts about Greece's economyIt seems as if every morning brings another incremental development or regression in Greece's battle against its European creditors.
- ITC shares flat in weak marketITC shares were trading flat in a weak market Tuesday, as investors consider the company as a safer bet in a deteriorating economic scenari...
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