Tobacco Excise Duty
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India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
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Cigarette, Beedi, Pan Masala To Be Costlier From Feb 1 With New Tax, Cess
The government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala.
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Parliament Approves Bill To Raise Excise Duty On Tobacco
The Parliament on Thursday approved the Central Excise (Amendment) Bill, 2025 with the Rajya Sabha returning it to the Lok Sabha.
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Bills In Lok Sabha Seek Levies On Tobacco, Pan Masala After GST Phaseout
The Central Excise (Amendment) Bill provides for a new central excise duty on tobacco products like cigarette, chewing tobacco, cigars, hookahs, zarda, and scented tobacco.
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Karnataka Proposes Hike in Excise Duty on Fuel, Liquor and Tobacco
The Karnataka budget for the 2015-16 fiscal proposes six-20 per cent hike in additional excise duty on Indian-made liquor, three per cent more value added tax (VAT) on tobacco products and one percent hike in tax rate on diesel and petrol.
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Social Networks Abuzz After Hike in Tobacco Duty
People on Thursday took to the social media to either applaud the finance minister's move to hike excise duty on cigarettes and tobacco products or to vent their ire against the proposal.
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Budget 2014: Duty on Cigarettes, Tobacco Hiked
When Union Finance Minister Arun Jaitley said in his budget speech, "I propose to increase the specific excise duty on cigarettes in the range of 11 percent to 72 percent", little did he know the impact it would have.
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India's Largest Cigarette Maker ITC Plunges 10% After Tobacco Tax Hike
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on Indias largest cigarette maker.
-
Cigarette, Beedi, Pan Masala To Be Costlier From Feb 1 With New Tax, Cess
The government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco products, and a new cess on pan masala.
-
Parliament Approves Bill To Raise Excise Duty On Tobacco
The Parliament on Thursday approved the Central Excise (Amendment) Bill, 2025 with the Rajya Sabha returning it to the Lok Sabha.
-
Bills In Lok Sabha Seek Levies On Tobacco, Pan Masala After GST Phaseout
The Central Excise (Amendment) Bill provides for a new central excise duty on tobacco products like cigarette, chewing tobacco, cigars, hookahs, zarda, and scented tobacco.
-
Karnataka Proposes Hike in Excise Duty on Fuel, Liquor and Tobacco
The Karnataka budget for the 2015-16 fiscal proposes six-20 per cent hike in additional excise duty on Indian-made liquor, three per cent more value added tax (VAT) on tobacco products and one percent hike in tax rate on diesel and petrol.
-
Social Networks Abuzz After Hike in Tobacco Duty
People on Thursday took to the social media to either applaud the finance minister's move to hike excise duty on cigarettes and tobacco products or to vent their ire against the proposal.
-
Budget 2014: Duty on Cigarettes, Tobacco Hiked
When Union Finance Minister Arun Jaitley said in his budget speech, "I propose to increase the specific excise duty on cigarettes in the range of 11 percent to 72 percent", little did he know the impact it would have.
