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TOBACCO TAX INCREASE
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...- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
- Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
- Iran's inflation hits highest level since World War II as unrest and sanctions biteIran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War ...
- 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 ...
- ITC Q4 preview: Will cigarette slowdown, tax hit weigh on earnings despite FMCG strength?ITC is expected to deliver a muted Q4 as cigarette volumes stay flat and higher taxes weigh on margins, despite strong double-digit growth ...
- ITC, Godfrey Phillips shares rally up to 7% on reports of 17% hike in cigarettes priceITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much...
- Higher excise, health cess to kick in on tobacco products, pan masala from February 1New taxes on cigarettes, tobacco, and pan masala begin February 1. This marks a major tax change for these products. Excise duties and a he...
- FRAI calls on government to reevaluate tobacco excise duty to protect small retailersThe Federation of Retailer Association of India voices strong worries about a significant tax hike on legal tobacco products. This move thr...
- 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 ...
- 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...
- Youth associations urge PM, finance minister to increase taxes on tobacco productsAccording to the associations, the Parliament Standing Committee on Health submitted a pertinent and comprehensive report on cancer care pl...
- Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union BudgetPublic health groups, along with economists and doctors, have urged the government to increase excise duty on all tobacco products in the U...
- Tobacco sends $1 trillion up in smoke every yearIn 2013-2014, global tobacco excise taxes generated nearly $269 billion in government revenues. Of this, less than $1 billion was invested ...
- 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...
- 'Affordability of tobacco products sees 15% rise'WHO estimates that one person dies from tobacco-related disease every six seconds or so, equivalent to about 6 million people a year.
- Increase taxes on tobacco products to curb demand: WHOEven as India made progress in increasing taxes on cigarettes between 2012-14, it has little effect as the "modest hikes" were compensated ...
- Increase taxes on tobacco products to curb demand: WHOThe report also urged nations across the globe to raise taxes on tobacco products to reduce their consumption.
- 10 per cent hike on tobacco products to reduce consumption: Public Health Foundation of IndiaThe study highlighted that a 10 per cent increase in bidi prices will lead to almost 5 per cent decrease in consumption.
- Budget 2012: Government should tax all forms of tobaccoGovernment’s current administration of tobacco taxes neither serves the purpose of revenue generation, nor serves the public good and deter...
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