GST Council retains 28% tax and cess on tobacco, sin goodsThe Union finance minister will decide on the date when the new tax rate for these items will be applicable. Currently, such products attra...
04 Sep, 2025, 04.11 PM IST
GST Council defers rollout of 40% tax on tobacco and pan masalaThe Goods and Services Tax Council decided on GST 2.0. The new tax overhaul will be live from September 22, 2025. A simplified two-slab sys...
03 Sep, 2025, 11.01 PM IST
GST Council meet begins to deliver on PM Modi's Diwali gift promise: What's coming for auto, insurance, personal care and electronic sectors?Chaired by Finance Minister Nirmala Sitharaman, the GST Council is convening for two days to discuss a significant overhaul of the Goods an...
03 Sep, 2025, 05.13 PM IST
GST 2.0 to offer treatment for other pain points tooGoods and Services Tax (GST) 2.0 is coming soon. It will revamp the indirect tax structure. The GST Council will likely meet in September. ...
21 Aug, 2025, 05.58 PM IST
Alcohol, cigarette, gaming stocks slide up to 4.5% as govt proposes 40% sin tax under GST 2.0 overhaulThe government is planning GST 2.0. It may include a 40% tax on alcohol, cigarettes, and gaming. Consequently, shares of Godfrey Phillips, ...
18 Aug, 2025, 09.40 AM IST
Ghosts of Christmas past? GoI’s repeated actions seem bent on violating a basic tenet of taxation: simplicityThe nuances of direct and indirect taxes, their impact on consumers, and the complexity of GST rates are discussed in this article. It argu...
24 Dec, 2024, 10.52 PM IST
Budget 2025: Will FM Nirmala Sitharaman increase 'sin tax'?The Indian government held steady on sin taxes for tobacco in the latest budget. Cigarette taxes remained unchanged. A proposed 35% GST on ...
20 Dec, 2024, 03.25 PM IST
Akhilesh Yadav slams Centre over reports of GST hike on several itemsSamajwadi Party chief Akhilesh Yadav slammed the BJP over proposed GST increases. Yadav claims the move will fuel corruption, not revenue. ...
05 Dec, 2024, 11.47 AM IST
GST Compensation Cess Future: Group of Ministers proposes merger with taxesThe GoM on GST discussed merging compensation cess with GST. States suggested no new items should be added during this transition. Compensa...
16 Oct, 2024, 03.42 PM IST
End of GST compensation cess may not be blessing for 'sin taxed'Cigarettes, tobacco products, carbonated drinks, and high-end automobiles in the 28% GST slab might see a rise in taxation as a cess ends i...
03 Oct, 2024, 07.08 PM IST
Are there more sin taxes coming?Governments traditionally impose higher taxes, often known as 'sin' taxes, on products with adverse health effects, such as alcohol and tob...
28 Dec, 2023, 05.46 PM IST
GST Council to discuss on apportioning, renaming compensation cess beyond March 2026The GST Council will discuss the future of the compensation cess on luxury and demerit goods collected to repay loans taken by the Indian g...
09 Oct, 2023, 03.25 PM IST
Exempt fizzy, juice-based drinks from sin tax: CompaniesNew Delhi-based Indian Beverage Association (IBA), an industry group that represents Coca-Cola, PepsiCo, Red Bull and Dabur, has urged the ...
11 Jul, 2023, 01.00 AM IST
Stop calling luxury cars as sin goods; reduce GST: JLRIf sin goods mean expensiveness, then even wearing expensive shirts would also be 'sin', JLR India MD said.
30 Jun, 2019, 08.34 PM IST
Pakistan government to impose 'sin tax' on tobaccoQuoting the director general of the NHS Ministry, Dr Asad Hafeez, the paper said that tax on tobacco and sugary beverages was being charged...
05 Dec, 2018, 02.47 PM IST
Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenueThe Goods and Services Tax (GST), which subsumed 17 local taxes, was rolled out on July 1, 2017.
27 Jul, 2018, 08.49 PM IST
Tax sugarcane farmers, not sugary drinksCoca Cola has protested that if it has to pay such a high tax, it will have to close down several factories and ancillary facilities, costi...
20 Dec, 2015, 11.27 AM IST