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TOBACCO TAXATION OVERHAUL
ITC, Godfrey Phillips, other cigarette stocks jump up to 13% amid reports of price hikeCigarette company shares saw a significant jump on Friday. This surge followed reports of price increases, with firms like ITC, Godfrey Phi...- ITC investors alert: What does a hike in statutory tobacco taxation in Budget fineprint revealITC shares fell nearly 3% during the Budget-day session as investors reacted to the December cigarette tax overhaul kicking in from Februar...
- ITC investors lose Rs 1 lakh crore after tax shock. Is there more pain in Budget 2026?ITC's market value has dropped significantly following a recent tax hike on cigarettes. Investors are now looking to the upcoming Budget fo...
- 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...
- India boards 'reform express' in 2025, puts people before paperworkYear ender 2025: This year, India embarked on sweeping economic reforms that transformed its financial landscape. The Goods and Services Ta...
- Lower GST rates to ease tax burdens, empower MSMEs, and accelerate formalisation: ReportThe government plans to implement GST 2.0. This initiative aims to reduce the tax burden on households and support MSMEs. It will also prom...
- 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 Council approves highest tax rate of 40% on these goodsThe GST Council has approved raising taxes on sin goods to 40% as part of a broader GST 2.0 overhaul, simplifying the tax structure to two ...
- GST Council Meeting: Hour of GST 2.0 arrives; all eyes on Team Modi's Diwali gifts for Indian economyThe keenly-watched GST Council meeting is underway. It will potentially overhauling India's tax structure by reducing it to two primary sla...
- Big Budget Hit! Rs 3.5 lakh crore wealth wiped out in 2.5 hoursMarket participants gave a big thumbs down to FM Nirmala Sitharaman’s Budget.
- Council slashes rates of over 200 items, cuts tax for restaurants as part of GST overhaulingThere was unanimity that in 28% category there should be only sin and demerit goods, said Bihar FM Sushil Modi who is at the GST Council me...
- GST council meet: Here's what got cheaper and other major announcementsThe GST council today announced major cuts in taxes of various items and announced various measures to support exporters and small business...
- GST to cut inflation by 2 per cent, create buoyancy in economy: Hasmukh AdhiaInflation will fall by 2 per cent on implementation of the goods and services tax (GST) and will create buoyancy in the economy, Revenue Se...
- Arun Jaitley says GST will benefit all: A look at India's biggest tax reformSpeaking in the Lok Sabha, Jaitley said 12 meetings of the GST council were held to make it a process based on consensus and recommendation...
- Finally, GST is coming in July: A primer on India's biggest tax reformThe GST will replace nearly a dozen central and state levies into a single national sales tax. It will make the movement of goods cheaper.
- States agree to roll out GST by July: Shaktikanta DasThe GST will replace a plethora of cascading central, state, interstate and local taxes with a single, nationwide, value-added tax on goods...
- need2know: Six macro triggers that may matter for market todayThe political uncertainty saw overseas investors pulling out Rs 667 crore from stocks. It is to be seen how the global markets hold up today
- Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
- How Arun Jaitley's dream Budget 2015 should look likeJaitley's vision should aim to match Asean direct tax regimes by 2019. That will complete the strategic aim of being fully competitive.
- Budget 2012 India: Highlights of Pranab Mukherjee's speechThe Union Budget 2012-13 speech made by the Finance Minister Pranab Mukherjee saw a number of changes being announced across the sectors of...
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