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TAX BURDEN ON CIGARETTES
'Wake up ITC shares’: Fund manager uses Mughal-e-Azam meme as stock refuses to participate in Dalal Street celebrations amid India-US trade dealITC shares remained flat despite India-US reaching a trade deal. Higher taxes on cigarettes have impacted the fortunes of the shares of the...03 Feb, 2026, 03.55 PM IST- GST rate cut: What's in store for 36 lakh ITC shareholders? Jefferies analysts decodeITC shares have delivered no returns in two years amid GST, BAT stake sale, and Marlboro concerns. Jefferies expects revenue-neutral GST ch...03 Sep, 2025, 11.01 AM IST
- Revamping tobacco taxation strategies for high-burden Asian countries: ADBAccording to ADB, the study aims to evaluate progress, analyse the impact of previous tax recommendations, and propose new measures to furt...19 Dec, 2023, 01.52 PM IST
- FAIFA urges govt to cut duties on cigarettes in Budget 2023Federation of All India Farmer Associations (FAIFA), a non-profit organization representing the cause of farmers and farmworkers of commerc...25 Jan, 2023, 01.55 PM IST
- Tax on cigarette: India doesn’t tax them enough, below best international practices, says reportIndia got an overall score of 1.88 out of 5 possible points, which is slightly better than the South-East Asia average (1.82), but lower th...16 Dec, 2020, 05.44 PM IST
- ITC on a good wicket, can it score big?To be sure, unlike other FMCG stocks, there has been no rally in ITC in the recent years.02 Oct, 2019, 08.38 AM IST
- ITC, Godfrey Phillips, VST Industries rally as cess on cigarettes remain unchangedThe country’s largest cigarette maker ITC surged by 3.8% on Monday.23 Jul, 2018, 07.35 PM IST
- Share of duty-paid cigarettes down substantially due to increase in tax: ITCITC said the tax on cigarettes has nearly trebled over the last six years whereby the taxation is about 50 times higher than other tobacco ...17 May, 2018, 08.03 PM IST
- Higher tax on cigarettes keeps industry under pressure: ITCThe cumulative growth in tax incidence on cigarettes, after cognising for the latest increase in cess rates, stands at 202 per cent in last...19 Jan, 2018, 06.17 PM IST
- Additional tax on cigarette would exacerbate legal sales: ITC"The additional tax burden caused by the increase in compensation Cess rates...will exacerbate the pressure on the entire legal cigarette v...27 Jul, 2017, 09.01 PM IST
- Cigarette industry body wants GST Council to roll back tax increaseThe GST Council at its meeting on Monday increased the compensation cess rate on various segments of cigarettes ranging from Rs 485 to Rs 7...18 Jul, 2017, 08.03 PM IST
- Tobacco products cheaper than essential food items: WHO study"Prices of tobacco products in the country have not increased substantially over time, thus making these products even cheaper than essenti...18 Feb, 2016, 03.27 AM IST
- Government's focus on cutting down smoking has meant continuous fall in ITC's performanceIn the Budget speech, the excise duty changes for cigarettes and tobacco products were shown under the sub-theme of promoting public health.03 Mar, 2015, 10.25 AM IST
- Health minister Harsh Vardhan for raising tax on cigarettesHarsh Vardhan has asked the finance ministry to raise tax on cigarettes of all lengths by Rs 2 to 3.5 per stick.21 Jun, 2014, 11.45 AM IST
- Tobacco institute calls for equitable taxation policyThe Tobacco Institute of India (TII) director on Thursday urged the government to formulate a pragmatic and equitable taxation policy to re...24 Aug, 2007, 12.39 AM IST
- VAT on cigarettes a huge burden on ITC: DeveshwarITC Ltd, the country's biggest tobacco firm, would face a "huge burden" due to the proposed levy of Value Added Tax (VAT) on cigarettes in ...23 Mar, 2007, 04.30 PM IST
- Burnout: Tax rides ciggy-back, & it sure hurtsThe cigarette story has remained much the same over the last year. Consumption of cigarettes continues to be the lowest among different tob...04 Feb, 2003, 01.24 AM IST
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