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SUGAR CONFECTIONERY TAX
When chocolate turns costly, India picks candy: Local players dent giants like Mars, Mondelez & Hershey amid cocoa price surgeMajor global candy makers saw their slowest India sales in years during FY25. Record cocoa prices forced price increases, pushing shoppers ...- GST reforms: Grocery essentials to be cheaper by nearly 15%Following GST reforms, prices of essential groceries like biscuits, soaps, and noodles are expected to decrease by 10-15%, potentially boos...
- GST 2.0 gets the green light: What gets cheaper and costlier from September 22?GST Meeting Cheaper, Costlier: The GST Council has approved changes to India's indirect tax structure. Many daily-use goods will become che...
- GST 2.0: Biggest gainers and losers of the new tax regimeIndia has announced revised Goods and Services Tax (GST) rates. Finance Minister Nirmala Sitharaman announced GST cuts on many items. The c...
- GST 2.0 is here: From namkeens to biscuits, your kirana basket just got cheaperIndia's GST 2.0 slashes taxes on mass-consumed goods like namkeens and biscuits, aiming to ease household budgets and stimulate demand. Thi...
- How to tax popcorn? India's formula sparks outrage against GST systemIndia's new popcorn tax has everyone talking. Different flavors now have different GST rates. Plain popcorn is taxed at 5%, branded at 12%,...
- Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twistThe GST Council clarified the tax rates for popcorn. Ready-to-eat popcorn with salt and spices will be taxed at 5% if loose and 12% if pre-...
- Why GST restructuring is the need of the hourIndia is one of the few countries to have opted for a more intricate structure, featuring four or more tax slabs. GST slabs in India are 0%...
- Another cess coming? GST Council may approve imposition of Sugar cessImposition of Sugar cess could mean that not just sugar, but prices of products like sweets, confectioneries, chocolates etc. which use sug...
- GST is here, know what could get cheaper nowGST has been rolled out. Here is a list of items whose prices could go down under the new taxation system.
- Daily use products, LPG to become cheaper under GSTIn a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rate...
- Britannia, Amul, Dabur to raise prices or cut quantities in packaged productsThe price hikes come as the consumer goods industry still nurses the wounds of demonetisation, and has endured at least four quarters of su...
- Clamour for sugar tax to combat diabetes, obesity growing; industry unfazedSugar is increasingly being seen as dangerous, but Indian producers are putting up a brave front and saying the sweetener is being needless...
- Chocolate consumption to grow fastest in China, IndiaBesides India and China, other middle-income markets from where the highest percentage of growth is expected over the next five years inclu...
- No Candy is DandyTrimming the burgeoning middle class to size is in its own long-term interest.
- Union Budget 2011: Consumer goods firms may pass on duty change to customersCandymakers such as Parle Agro and Perfetti Van Melle that make 'Alpenliebe' and 'Big Babol' have expressed concern over the hike saying th...
- Budget 2011: Exempt excise duty on bakery & confectionery items; says, ASSOCHAMApex industry body ASSOCHAM in its pre-budget memorandum has recommended exemption of excise duty on bakery, confectionery items.
- Food & beverage sector to touch Rs 4,660 bn by year-endDriven by robust growth in areas like semi-processed, ready-to-eat food and wine, India's food and beverages (F&B) sector is expected to to...
- Ministry plans flat tax on food itemsCome next year, your bowl of soup could be attracting the same tax as the rasam.
- Godrej Foods set to acquire Nutrine for Rs 270 croreGodrej Foods and Beverages, the foods unit carved out of two other Godrej group companies, is set to buy Nutrine Confectionery for about Rs...
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