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ILLICIT TOBACCO CONSUMPTION
ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...- 2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...
- 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...
- Tax hike raises risk of smuggling of tobacco products and revenue loss for govt: ExpertsExperts warn that a significant tax hike on cigarettes, effective February 1, could fuel illicit trade and lead to substantial tax revenue ...
- Budget keeps cigarette taxes untouched for second year in a rowICICIdirect analyst Sanjay Manyal said the stable taxation and excise duties on cigarettes would aid volume growth for cigarette companies ...
- Health Ministry mulling to increase legal age for tobacco consumptionThe committee, besides increasing the legal age of tobacco consumption, has also recommended increasing the fine amount for violation of ru...
- Day 3 of Assam hooch tragedy: Toll touches 143Chief Minister Sarbananda Sonowal on Saturday visited the Jorhat Medical College and Hospital to check on the victims undergoing treatment.
- Tobacco rules must not discriminate against cigarettes: ITCThe Kolkata-based firm said taxes on cigarettes have "increased by more than 200 per cent in last few years" which has resulted in smugglin...
- Remove anomalies across sectors before GST rollout: ReportFor the telecom sector, the paper cautioned that GST may negatively impact the working capital cost since initial landed price of purchases.
- 90% rise in consumption of smuggled cigarettes in India: ReportOver 56 per cent smokers prefer attractive packaging of foreign smuggled brands which does not adhere to Indian regulations like pictorial ...
- Budget 2016: Excise duty hike on tobacco products will have negative impact on cigarette companiesITC, the country’s largest cigarettes seller, did not respond to the mail seeking comment on the latest excise hike in the national budget.
- 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...
- PM Narendra Modi highlights harms associated with tobacco consumptionOn the World No Tobacco Day, Prime Minister Narendra Modi today highlighted the harms associated with tobacco consumption and pressed for r...
- Smuggling of cigarettes into India increases four times: WHOCigarette smuggling into the country increased four-fold between 2012 and 2014, seizure data from the Directorate of Revenue Intelligence (...
- Health secretary stresses on need to check illicit tobacco tradeDirectorate of Revenue Intelligence's seizure data indicates a four-fold increase in the value of seizures of smuggled cigarettes in 2014 a...
- West Bengal government increases tax on cigarette; may further increase pricesThe companies are likely to take the final call on exact price hike by April, as other state governments present their Budget.
- Budget 2013: Cigarettes, cigars to become costlier by 15%As per Budget proposal, prices of entry-level smaller cigarettes, which are of the sub-65 mm length, will remain unchanged.
- 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...
- Substance abuse is filtering down to developing countriesEven as there is growing concern about the use of tobacco, recent surveys show smoking is on the rise.
- Substance abuse filtering from developed to developing countriesEven as there is a growing concern about the use of tobacco, recent surveys show smoking is still on the rise. Worse, alcohol and drug cons...
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