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GST helps ITC enter the 'Rs 4-lakh crore market cap' club
Tue, Jul 04, 2017
ITC Ltd is now has the fourth highest market capitalisation in India, at over Rs 4 lakh crore. Shares of the company rose after clarity on excise duty post Goods and Services Tax roll out.
World No Tobacco Day 2017: 19% quit smoking because of rising costs
Wed, May 31, 2017
As per World Bank data, tobacco use kills more than 7 million people every year and costs households and governments over $1.4 trillion through healthcare expenditure and lost productivity.
Here's list of products proposed in Budget 2017 set to be costlier, cheaper
Wed, Feb 01, 2017
Find out which products will be costlier and cheaper as the Government of India has announced its Union Budget 2017-18 and has hiked customs and excise duties on some products.
Bidi tax to benefit cigarette manufacturers most?
Mon, Dec 12, 2016
The government had last week mulled over taxing these products under the pretext of making healthier lifestyle choices. This tax, if implemented may share some of the tobacco excise revenue of which 87% is currently paid by cigarette companies.
Cabinet note sent for complete FDI ban in tobacco: Nirmala Sitharaman
Thu, Nov 24, 2016
It would mean FDI would be totally banned in the tobacco segment in any form.
A day in the life of Indian consumers after GST
Fri, Nov 04, 2016
The broad based tax structure under the much awaited Goods and Service Tax (GST) were decided by the GST Council to be 0%, 5%, 12%, 18% and 28% on Thursday.
Increase in taxes, pictorial warning take a toll on tobacco consumption
Tue, Aug 16, 2016
While tobacco consumption declined by 5.8% from 2013-14 to 2014-15, it declined by even more between 10.15% from 2014-15 to 2015-16.
Say goodbye to your salary! Prices of these items, petrol, air travel, non-subsidised LPG cylinder are higher from June 1
Wed, Jun 01, 2016
Many products such as cars, air tickets, cigarettes and even branded clothing will become more expensive from today. Apart from this you can also expect the prices of essentials such as food items including vegetables and other staples to increase.